NEW YORK (AP) — Wall Street is heading for more records on Wednesday following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial-intelligence boom.
The S&P 500 rose 0.5% and was on track to set an all-time high for a second straight day . The Dow Jones Industrial Average was down 49 points, or 0.1%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.5% higher after both likewise set records the day before.