Stocks kept up what's been a weeklong rally on Thursday after producer price data provided further evidence inflation is cooling and companies started earnings season stronger than analysts had expected.
The S&P 500 (^GSPC) closed up 0.9%, while the Dow Jones Industrial Average (^DJI) rose 0.1%. The tech-heavy Nasdaq (^IXIC) led gains, rising about 1.6%.
A drop in headline…