Wall Street on record setting pace ahead of US inflation data

Wall Street on record setting pace ahead of US inflation data Updated 7 mins ago Wall Street is pointing to record highs ahead of the latest U.S. inflation report. Futures for the S&P 500 and Nasdaq, both of which topped records a day earlier, were up between 0.2% and 0.3% before the bell Wednesday. Dow futures ticked 0.2% lower. Shares of Oracle surged more than 32% in off-hours trading after it reported that it had signed four multi-billion dollar contracts that would push its cloud infrastructure revenue up 77% this fiscal year. Later, the Labor Department will issue its August report on inflation at the wholesale level, which tracks prices of goods before they get to the consumer.