US stocks inch to more records as inflation slows and Oracle soars

NEW YORK (AP) — Wall Street inched to 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 0.3% and set an all-time high for a second straight day. The Dow Jones Industrial Average dropped 220 points, or 0.5%, and the Nasdaq composite edged up by less than 0.1% after both likewise set records the day before. Stocks have hit records in large part because Wall Street is ...