U.S. stocks are drifting around a record on Thursday amid a relatively quiet day on Wall Street. The S&P 500 was 0.3% higher in afternoon trading and on track to surpass its all-time high set early last month after coming close the day before.

U.S. stocks are drifting near a record amid a relatively quiet day on Wall Street. The S&P 500 was virtually unchanged in Thursday morning trading, a day after pulling to

U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.

The stock markets in the United States are closed on Monday, January 20, on account of Martin Luther King Jr. Day holiday. Every year on Martin Luther King Jr. Day, the federal government is closed and people across the US take part in a day of service.

Investors were tentatively breathing a sigh of relief on Tuesday as U.S. President Donald Trump’s initial policy diktats on tariffs were less stringent than they had feared, despite setting a tone of uncertainty in global markets.