Wall Street's main indexes were mixed on Thursday with S&P 500 edging up to a closing high, while the Dow Jones and Nasdaq were flat, after a hotter-than-expected producer prices report dampened expectations of potential interest-rate cuts.

AM Eastern Time, the S&P 500 rose 0.4%, the Dow Jones Industrial Average was up 0.8%, and the Nasdaq Composite added 0.3%.

Wall Street's main indexes opened higher on Wednesday with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned by growing optimism that the Federal Reserve could