US Stock market today ended higher as the Dow Jones, S&P 500, and Nasdaq all posted modest gains amid upbeat earnings reports and a surprise jump in retail sales. Investors are cautiously optimistic despite political tension as President Trump continues pressuring Fed Chair Jerome Powell over interest rate cuts.

Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.

The S & P 500 climbed 0.5% Thursday, beating the all-time high it set last week. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite gained 0.7%.

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June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.

The stock's rise snapped a four-day losing streak.

SP500 moved above the 6300 level as traders focused on the better-than-expected Retail Sales data. NASDAQ managed to climb above the 23,000 level. Dow Jones settled above the 44,500 level. SP500 tests new highs as traders focus on economic reports.

McDonald's ( MCD 0.45%) had the unfortunate distinction of posting the Dow Jones Industrial Average's worst stock performance in June. The shares dropped 6.9% during the month.

The stock's rise snapped a three-day losing streak.

AMC Entertainment Holdings stock has been steadily rising, and one Wall Street analyst sees no end to the good times.Shares surged 9.4% to $3.48 on Thursday, its highest closing price since May 30, according to Dow Jones Market Data.