U.S. stocks closed another record-setting week with a muted performance Friday, as hope built on Wall Street that the U.S. economy can manage the rare feat of suppressing high inflation without causing a recession.

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

U.S. stocks rose to another all-time high, but a slide in oil prices kept the gains in check by weighing down energy companies. The S&P 500 rose 0.4% Thursday, setting