U.S. stock indexes are drifting around their records Friday as hopes hold that the economy can pull off the rare feat of getting painfully high inflation under control without a recession. The S&P 500 was 0.

Wall Street was relatively listless ahead of the government’s latest inflation report. Futures for the S&P 500 and the Dow Jones Industrial Average were essentially unchanged less than two hours

Stock indexes opened higher on Wall Street on Friday, with the S&P 500 nearing record highs. This rise follows soft inflation data, which has led to expectations that the Federal Reserve will now focus on strengthening the labor market and continue to ease interest rates.