The S&P 500, Nasdaq 100, and Dow Jones have all achieved new all-time highs, reflecting investors' confidence in corporate strength despite concerning inflation data. The SPY ETF is also seeing record highs in its trading. July's consumer price index remained stable at a 2.7% year-over-year rate, slightly lower than anticipated, providing some temporary relief. However, a significant inflationary spike was observed in the Producer Price Index, surging by 0.9% month-over-month, marking the most substantial increase in three years. This elevated the annual rate to 3.3%, surpassing the projected 2.7%. For further details, the complete article can be found on Benzinga.com.