The S&P 500 closed down 0.4% at 7,561.67

The S&P 500 has closed down 0.4% at 7,561.67, and the Nasdaq Composite has fallen 0.91% to 25,136.27. The Dow Jones Industrial Average has added 50.46 points, or 0.1%, to end at 52,347.55.

The week still finished higher. The Nasdaq added 2.3% over the five sessions, the S&P 500 rose 2.5%, and the Dow gained 2.1%. All three indexes posted their best weekly performance since early August.

Wholesale prices rose less than expected on the month. The October producer price index increased 0.3%. Economists had expected a 0.4% rise. Prices were up 6.5% from a year earlier, the biggest annual advance since November 2022.

Stocks rose after the monthly figure, then gave that gain back by the close. The S&P 500 and the Nasdaq both finished lower after starting the session higher.

Nvidia shares fell 2%. The decline extended a drop of more than 4% in the previous session. The chipmaker's slide weighed on the Nasdaq for a second day.

Apple shares reached an intraday record of $360.80. The move lifted the company's market value above $5.2 trillion. The shares climbed nearly 1% during the session as buyers moved toward companies outside the heaviest spending on AI infrastructure.

The 10-year Treasury yield rose to 5.14%. The yield added nearly 4 basis points on the day. Bitcoin traded as low as $67,632.68, its first print under $70,000 since August. The low was the weakest print since August 19. The dollar index reached its highest level since April 2025 on Friday as yields rose.