Mild CPI Means All Time Closing Highs | Wall Street Today

Just after 4 PM EST, the $S&P 500 Index traded up 1.17% past an all time high. The $Nasdaq Composite Index opened, setting an all-time closing high, and kept up a 1.40% climb to finish the day at 16,742.39.

The $Dow Jones Industrial Average(.DJI.US)$ reached a record close 39,908.07, up 0.88%.

The $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$ was 4.73, the $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ was 4.35.

Crude Oil traded higher Wednesday after declining before the EIA inventories print, while . Bitcoin climbed 8%, sending $Marathon Digital(MARA.US)$ up 3%, $MicroStrategy(MSTR.US)$ up 15%, while $Coinbase(COIN.US)$ climbed 8%. Oil and Gas companies as a sector fell 1%.

Wednesday, $Cisco(CSCO.US)$ reported Q3 GAAP earnings per share of $0.82 on revenue of $12.52B, compared to estimates of $0.82 on revenue of $12.7B according to S&P Global.

$GameStop(GME.US)$ pulled back 18%, after a 60% Tuesday rally, and a 296% rally for the past five days.

$AMC Entertainment(AMC.US)$ pulled back 20% after a 32% increase at Tuesday's close. AMC has raised $250 million from its "at-the-market" offering of 72.5 million shares, according to a regulatory filing with the US Securities and Exchange Commission. $SunPower(SPWR.US)$ fell 29%, $BlackBerry(BB.US)$ fell 6% after a 12% climb.   $NIO Inc(NIO.US)$ fell by 7% after climbing about 14% in two days. Meanwhile, $NVIDIA(NVDA.US)$ and $Palantir(PLTR.US)$ climbed 3.58% and 1.07%, alongside $Robinhood(HOOD.US)$+2.77%.  

$Super Micro Computer(SMCI.US)$ climbed 15%, leading the S&P 500 as the top gainer, and the Semiconductor sector higher.

$Albemarle(ALB.US)$ fell about 5.8%, the lowest Reacher on the S&P 500. The stock was singled out as one of the most shorted stocks on the index, and pulled back after other shorted meme stocks fell.

$Petroleo Brasileiro SA Petrobras(PBR.US)$ led a 1% decline in the oil sector, falling 6.7% after its earnings report also announced the exit of CEO Jean Paul.

$GoodRx(GDRX.US)$, a prescription discount company, said Wednesday that it has signed a direct contracting agreement with supermarket chain $The Kroger(KR.US)$ to deliver lower prescription prices at over 2,200 Kroger family pharmacy locations in the US.

$Petco Health and Wellness(WOOF.US)$ gained more than 15% intraday Wednesday after the pet-store chain hired a former executive of $Lululemon Athletica(LULU.US)$ and $Gap Inc(GPS.US)$ as executive chairman of its board.