Dow, S&P 500, Nasdaq end at records as US inflation cools

The Dow Jones Industrial Average on Wednesday gained 0.9 percent to 39,908.00, putting it back within striking distance of a first-ever close above 40,000 points. The broad-based S&P 500 jumped 1.2 percent to 5,308.15, while the tech-rich Nasdaq Composite Index advanced 1.4 percent to 16,742.39, notching a second straight record.