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 0.2% and was on track to set an all-time high for a second straight day . The Dow Jones Industrial Average was down 221 points, or 0.5%, as of 2:33 p.m. Eastern time, and the Nasdaq composite was mostly unchanged after both likewise set records the day before.

Stocks have been hitting records in large part because Wall Street is expecting the economy to pull off a delicate balancing act: slowing enough to convince the Federal Reserve to cut interest rates , but not so much that it causes a recession, all while inflation remains under control.

Many

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