The US stock market reached a new high on Thursday, driven by positive signs on inflation and easing oil prices. This development follows a report showing a decrease in wholesale prices, which is a welcome change. 7% to surpass its previous record.

Other major indexes, including the Dow Jones Industrial Average and the Nasdaq composite, also experienced gains. Further details on this story are available from KXXV News, including more information on the current state of inflation and its potential impact on the economy.