Today United States stocks delivered a mixed performance led by the Dow Jones Industrial Average climbing to a fresh all-time high early in the session, bolstered by Warren Buffett’s Berkshire Hathaway revealing a significant new investment in United Health Group. United Health shares surged more than eleven percent, helping the Dow at one point gain over two hundred points to a record of forty five thousand two hundred three point five two points, before finishing the day nearly flat at forty four thousand nine hundred eleven point two six points. In stark contrast, both the Standard and Poor’s five hundred and the Nasdaq composite turned lower, with the Standard and Poor’s five hundred slipping zero point two percent and the Nasdaq down by zero point four percent. Market optimism began to falter mid-session as investors weighed a mixed bag of economic data, with retail sales advancing solidly for a second straight month but inflation readings from the Producer Price Index pointing to persistent wholesale price pressures.

Markets were also digesting the latest inflation reports, which showed core inflation at three point one percent year-on-year, still well above the Federal Reserve’s two percent target. This, combined with a surprise zero point nine percent monthly jump in the Producer Price Index, cast doubts on prospects for a September rate cut and fueled caution across most sectors. Health care stood out as the session’s strongest performer, led by United Health and other managed-care names, while technology and consumer discretionary stocks lagged amid concerns over sustained inflation.

Notable active names today included United Health, Tesla, and Apple. United Health claimed the day’s top gainer spot, while technology shares such as Tesla were among the biggest decliners following lackluster earnings guidance. Market-moving news included Berkshire Hathaway’s new health care sector bets and data showing that retail sales remain robust, offset somewhat by higher wholesale prices. No major economic data announcements are scheduled for tomorrow, but pre-market futures suggest a cautiously higher open ahead of early August purchasing manager index readings that could give further clues to growth and inflation trends. Key events next week include the release of flash purchasing manager index data for manufacturing and services, minutes from the most recent Federal Reserve meeting, and earnings from several large retailers and technology firms. Listeners should keep an eye on evolving inflation data and any hints from Federal Reserve officials at the upcoming central bank summit in Jackson Hole, as these developments may set the market’s tone in the days ahead.

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