US stock market today: S&P 500 and Nasdaq hit records as Oracle stuns Wall Street while Dow slips on Apple losses

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U.S. stock market turned mixed on Wednesday, with the S&P 500 and Nasdaq climbing to new record highs while the Dow slipped, as investors weighed cooling inflation data against a flood of corporate news. The highlight of the session was Oracle’s jaw-dropping 41% surge, its best day in more than three decades, after the company issued an ambitious forecast tied to artificial intelligence cloud demand.