Here's what is happening in the markets today, Friday, February 16
- S&P 500 hits a new record high
- Week's performance: S&P 500 nearly flat, Dow up 0.3%, Nasdaq down 0.53%.
- Today’s major report: Producer Price Index (PPI)
- Hotter-than-expected CPI data and retail sales decline noted.
- UBS forecasts S&P 500 to end the year around current levels.
- Coinbase (COIN) shares rally after reporting a surprise profit.
PLUS: How we trade these markets and our current positions
This wraps up today's stock market news.
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