12:09 PM EDT, 07/17/2025 (MT Newswires) -- US equity indexes rose after midday, with gains in technology helping push the Nasdaq Composite to a new all-time high, after June retail sales beat forecasts.

The Nasdaq rose 0.8% to 20,894.3, the S&P 500 was up 0.5% to 6,293.3, and the Dow Jones Industrial Average advanced 0.4% to 44,445.6. The Nasdaq hit a new record high of 20,898.3 intraday. Healthcare was the steepest decliner while consumer discretionary was among the gainers intraday.

In economic news, retail sales rose 0.6% in June, above the 0.1% gain expected in a poll compiled by Bloomberg and the 0.9% drop in May. Excluding a 1.2% increase in motor vehicle sales, retail sales were still up 0.5% compared with an expected 0.3% gain, and following a 0.2% decline in May. Removing motor vehicles and gasoline station sales, retail sales were up 0.6% in June after no change in May.

The National Association of Home Builders' monthly housing market index rose to 33 in July from 32 in June, as expected in a survey compiled by Bloomberg. The index was below 41 from a year earlier.

The Philadelphia Federal Reserve's monthly manufacturing index surged to 15.9 in July from minus 4 in June, versus expectations for minus 1.0 in a survey compiled by Bloomberg.

US Treasury yields traded mixed, with the 10-year Treasury yield down 1.4 basis points to 4.44%. The two-year yield rose 1.8 basis points to 3.88%.

In energy markets, West Texas Intermediate crude oil futures jumped 1.1% to $67.08 a barrel.