12:24 PM EDT, 06/18/2024 (MT Newswires) -- US equity indexes traded mixed after a slower-than-expected increase in retail sales coincided with faster-than-anticipated growth in industrial production.

The S&P 500 climbed 0.2% to 5,481.7, the Nasdaq Composite slipped less than 0.1% to 17,844.1, and the Dow Jones Industrial Average rose 0.1% to 38,822.6. Energy was the top gainer intraday, while consumer discretionary and communications services led the decliners intraday.

In economic news, US retail sales rose 0.1% in May versus the 0.3% gain anticipated in a survey compiled by Bloomberg and a 0.2% retreat in April.

US industrial production advanced 0.9% in May, compared with expectations for a 0.3% increase in a survey compiled by Bloomberg and an unrevised flat reading in April.

Business inventories rose 0.3% in April, in line with the estimate in a survey compiled by Bloomberg and following a 0.1% decline in the previous month.

The US 10-year yield declined 5.1 basis points to 4.23%, and the two-year rate dropped 5.1 basis points to 4.71%.

In company news, Wedbush raised the price target on Micron Technology ( MU ) to $170 from $130 while maintaining its outperform rating. Average selling price gains for computer memory were ahead of Micron's guide, and the company will "outperform peers on a healthy mix shift towards eSSDs and DDR5" technologies, analyst Matt Bryson wrote in a Tuesday note. Shares of Micron jumped 4.5% intraday, the top gainer on the Nasdaq and the S&P 500.

UBS raised Teradyne's ( TER ) price target to $170 from $130 while maintaining its buy rating. Shares of the company were up 4.2%, among the top gainers on the Nasdaq.

West Texas Intermediate crude oil jumped 1% to $81.15 a barrel.