U.S. stocks are drifting around a record on Thursday amid a relatively quiet day on Wall Street. The S&P 500 was 0.2% higher in midday trading and on track to squeak past its all-time high set early last month after coming close the day before.

Meanwhile, Nasdaq 100 futures ( NQ=F) fell 0.5% as tech stocks struggled to regain the momentum that propelled the previous day's gains. Nvidia ( NVDA) shares tipped lower in pre-market, as fellow megacap techs Apple ( AAPL) and Google parent Alphabet ( GOOG, GOOGL) also lost ground.

Netflix, Oracle and other technology stocks are lifting U.S. indexes Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The S&P 500 was up 0.

U.S. stock indexes are drifting higher following a mostly encouraging batch of profit reports from big companies.