Morgans AM: Friday, 13 August 2021

Both the Dow and S&P500 edged to fresh record highs for a third consecutive session despite wholesale inflation accelerating more-than-expected in July - Dow inched +15-points or +0.04% higher to 35,499.85 . Salesforce.Com Inc (up +2.52%) and Apple Inc (+2.08%) were among the leading index performers, while Home Depot Inc (down -0.88%) and Visa Inc (-1.26%) underperformed. The broader S&P500 added +0.30% to 4,460.83, with Health Care (up +0.77%) and Information Technology (+0.59%) leading six of the eleven primary sectors higher. The Nasdaq rose +0.35%. The small capitalisation Russell 2000 slipped -0.28%.