Nasdaq, S&P 500 close at record levels for 4th session in row

Most US stock indices rose on July 8 as investors awaited the release of key inflation data in the United States, in conjunction with the start of the corporate results season this week.

At the close of trading, the value of the Dow Jones Industrial Average decreased by 0.1%, or 31 points, at 39,344 points.

S&P 500 increased by 0.1%, or 5 points, at 5,572 points, and the Nasdaq rose by 0.3 % or 50 points, at 18,403 points. The two indices closed at record levels, for the fourth session in a row.

Looking at the European markets, the STOXX Europe 600 index stabilized at 516.4 points, with losses in the energy, mining, and utilities sectors, while the automotive sector reported gains.

Meanwhile, the German DAX index was almost unchanged at 18,472 points. The British FTSE 100 index fell by 0.15% at 8,193 points, and the French CAC 40 dropped by 0.65% at 7,627 points.

In Japan, the Nikkei index retreated by 0.3%, or 131 points, to 40,780 points, while the broader TOPIX index fell by 0.55% to 2,867 points.

In the oil market, international benchmark Brent crude fell 0.9%, or 79 cents, to close at $85.75 a barrel. WTI crude slumped 1%, or 83 cents, to record $82.33 per barrel.

As for gold, futures prices for the yellow metal for August delivery declined by 1.4%, or $34.2, at $2,363.50 per ounce.