At the close, the broad S&P 500 index, the technology-heavy Nasdaq's composite index, and the Dow Jones had all closed sideways. The S&P 500 index nonetheless noted a record high closing level for the third day in a row.
The leading indexes initially fell after statistics were presented showing that producer prices in the US rose significantly more than expected in July. The increase was 0.9 percent compared to the previous month. Analysts had expected 0.2 percent. On an annual basis, the increase is 3.3 percent.
Even the interest rates on American government bonds, regardless of maturity, rose after the announcement.
The statistics reduce the likelihood that the American central bank will lower the interest rate at its next meeting in September.
At Thursday's stock market close, however, processor manufacturer Intel had surged upwards by 7.4 percent, after Bloomberg reported that the Trump administration is in talks to invest in the company to support domestic chip manufacturing.
E-commerce giant Amazon also rose, 2.9 percent, after the company announced that it will expand its food deliveries in the US.
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