US stocks closed mixed, with the S&P 500 index hitting a new high for the third consecutive day.

On Thursday, the US stock market closed mixed, with the S&P 500 index up 0.03%, marking the third consecutive trading day of reaching a new high. The Dow Jones Industrial Average fell by 0.02%, while the Nasdaq dropped by 0.01%. The latest inflation report showed that wholesale costs rose more than expected last month, leading the market to slightly lower its bets on a rate cut by the Federal Reserve in September.