NEW YORK — A rebound for technology stocks led Wall Street to records Wednesday, even though the majority of U.S. stocks fell following another discouraging update on inflation .

The S&P 500 rose 0.6% and topped its prior all-time high set at the start of the week. The Dow Jones Industrial Average dipped 67 points, or 0.1%, while the Nasdaq composite set its own record after climbing 1.2%.