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US stocks rise toward records as oil prices drop and inflation gets less bad

NEW YORK (AP) — The U. S. stock market is rising toward an all-time high on Thursday following the latest sign that inflation is getting less bad. Stocks also got a lift from easing oil prices in their latest yo-yo move. The S&P 500 climbed 0. 8% and was on track to top its record set last week. The Dow Jones Industrial Average was up 185 points, or 0. 3%, as of 10:15 a. m. Eastern time, and the Nasdaq composite was 1% higher. Wall Street relaxed after a report showed prices at the U. S. 4 a...

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