LIVE S&P 500 Builds on Record High After PPI Inflation Report Last Updated: Updated 39 min ago S&P 500, Nasdaq Build on Record Highs. PPI Data and Oracle Results Give Market a Boost. By Karishma Vanjani Stocks opened largely higher on the back of an inflation report that has further cracked open the door for a larger rate cut by the Fed next week and a surge in Oracle's market value. The S&P 500 rose 0.4% and the tech-heavy Nasdaq was also 0.4% higher. Both indexes are building on their record levels notche ...