The S&P 500 rose 0.6% and was on track to top its all-time high set two weeks ago. The Dow Jones Industrial Average was up 251 points, or 0.6%, as of 9:35 a.m. Eastern time, while the Nasdaq composite was 0.7% higher and also heading toward a record.

The Nifty 50 gave back some of its previous day’s gains on August 12, closing 98 points lower after failing to hold the 100-day EMA. The index dropped over 200 points from the day’s high of 24,700, which now stands as an immediate resistance,

The U.S. stock market is flirting with its records on Tuesday after data suggested inflation across the country was a touch better last month than economists expected.