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.

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.

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

Companies are posting robust results so far this earnings season, but the bar is high for stock gains to continue.

Netflix shot up 14.6% after it reported adding nearly 19 million subscribers during the holiday-season quarter and it topped sales and profit targets. The video streaming service’s expansion into live programming appears to be paying off as it wrapped up its best year ever with more than $40 billion in revenue.

US and European stock markets mostly pushed higher Wednesday as investors tracked earnings and President Donald Trump's policy plans as artificial intelligence shares rallied.