Dow Falls, S&P 500 & Nasdaq Hit Record Highs
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- Dow slipped on May 13, 2026, as the market reacted to hotter‑than‑expected PPI inflation data.
- S&P 500 closed at a new record high, helped by a rebound in tech stocks.
- Nasdaq extended its 12‑day winning streak — the longest since July — and closed at a record high.
- Oil prices fell, adding to the mixed market picture.
Why it matters: Tech investors win as the S&P 500 and Nasdaq hit record highs, while Dow‑focused industrial investors lose ground; the hot PPI underscores persistent inflation pressure, shaping market sentiment.
