Stocks rose yesterday in New York after a report of relatively modest inflation boosted the bond market and calmed jittery stock investors. Financial shares led the Dow Jones industrials to a new closing record.

The Dow rose 31.33 to close at 11,582.43, just past its previous record of 11,572.20.

Broader stock indicators also closed higher. The Nasdaq composite index broke out of a two-day slump to finish up 107.24 at 3,957.26. According to preliminary calculations, the Standard and Poor's 500 rose 17.46 to 1,449.71.

Advancing issues outnumbered decliners by a three-to-two margin on the New York Stock Exchange, with 1,861 up, 1,219 down and 427 unchanged.