NEW YORK (AP) — U.S. stocks are drifting near their record heights on Monday as Wall Street waits for an upcoming update on inflation.

The S&P 500 was virtually unchanged and flirting with its all-time high set two weeks ago. The Dow Jones Industrial Average was up 77 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was down 0.2%, coming off its own record .

The highlight of this week for Wall Street is likely to arrive on Tuesday, when the government will report how bad inflation was across the country in July. Economists expect it to show U.S. consumers had to pay prices for groceries, gasoline and other costs of living that were 2.8% higher in July from a year earlier, a slight acceleration from June’s 2.7% inflation .

Inflation has remained stuck abo

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