U.S. stocks rose, with the S&P 500 closing at a record high, after wholesale inflation data eased, alleviating concerns about interest rate hikes. The Dow Jones Industrial Average rose 69.72 points, or 0.13%, to 53839.99; the S&P 500 gained 50.49 points, or 0.65%, to 7798.99; and the Nasdaq Composite Index advanced 214.54 points, or 0.81%, to 26803.03.