Cooling inflation prompted a rotation in stocks that favored small-cap names, helping to depress the S&P 500 and Nasdaq by 0.9% and 2%, respectively. The Dow rose 0.1% and the Russell 2000 soared 3.6%.

Cooling inflation prompted a rotation in stocks that favored small-cap names, helping to depress the S&P 500 and Nasdaq by 0.9% and 2%, respectively. The Dow rose 0.1% and the Russell 2000 soared 3.6%.