The USA500 is currently trading above 5,400 levels.
The S&P 500 closed lower after briefly surpassing the 5,500 milestone for the first time ever. Nvidia's cooling rally dragged the broader tech sector down, and a flurry of economic data indicated signs of a weaker economy.
The S&P 500 fell 0.2% after hitting an all-time high. The NASDAQ Composite lost 0.8%, while the Dow Jones Industrial Average rose by 0.7%.