The S&P 500 closed higher by less than 0.1% on Thursday, marking its third consecutive record close. Intel stock rose due to reports of potential government involvement. Tapestry, parent company of Coach, cut profit forecast over tariff worries. Producer Price Index rose more than expected, hinting at possible inflation and impacting Fed interest rate decisions.

S&P 500 secured a third straight all-time high close, with Nasdaq and Dow slightly down. Intel shares surged over 7% following meetings with Trump and talks of government stake. Texas Pacific Land shares climbed after announcing dual stock listing. Eli Lilly to raise prices in Europe and partner with Superluminal Medicines for weight-loss treatments.

Tapestry shares plunged over 15% after cutting profit outlook due to anticipated tariff impacts. Amcor missed sales and profit estimates, shares fell 11.9%. The Trade Desk shares dropped 6.6% after Walmart modified partnership, leading to loss of exclusivity and quarterly results falling short. Stock market updates provided by Investopedia.

Read more at Yahoo Finance: Intel Extends Winning Streak; Tapestry Stock Plunges