S&P 500 and Nasdaq Hit Record Highs as Dow Edges Lower After PPI Data

The S&P 500 and Nasdaq closed at record highs on 2026-05-13 while the Dow slipped after a hot PPI inflation reading, according to reports from MarketWatch and Investingcom. Investingcom similarly reported that the S&P 500 and Nasdaq closed at record highs while the Dow slipped after hot PPI inflation data.

The PPI inflation reading was hot on 2026-05-13. This inflation data appeared to weigh more heavily on the Dow even as broader indexes pushed to new highs. The MOC Imbalance for S&P 500 was -1779 million on 2026-05-13.

The MOC Imbalance for Nasdaq 100 was -1757 million on 2026-05-13. The same MOC imbalance figures were reported twice by financialjuice. The MOC Imbalance for Dow 30 was -164 million on 2026-05-13. The MOC Imbalance for Mag 7 was -553 million on 2026-05-13.

These sizable negative imbalances signaled heavy sell-side pressure into the closing auction across major indexes and prominent stocks. The repeated reporting of identical figures underscored the scale of the late-session selling interest even as the S&P 500 and Nasdaq managed to finish at fresh peaks. The session reflected a split market reaction to the inflation data.

While the Dow gave ground, the two indexes with heavier technology exposure continued their recent climb to close at record levels on 2026-05-13.