By STAN CHOE, Associated Press Business Writer

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.

Related Articles

U.S. producer prices unexpectedly fell 0.1% in August

Maryland’s rich gambling history includes raids, slots before their time

Maryland’s $17.7 billion gambling jackpot: Who really gets the money?

Nepal internet crackdown part of glo

See Full Page