United States (US) stock trading towards the end of the week remained unchanged as investors await the announcement of the US PCE price index which is the main measure of inflation monitored by the Federal Reserve (Fed).
In extended trading, Costco shares fell more than 1% after missing revenue forecasts for the fiscal fourth quarter.
On Thursday, the S&P 500 rose 0.4%, hitting a new record high. The Dow Jones Industrial Average and the Nasdaq rose 0.62% and 0.6%, respectively.
The move was driven by positive earnings from semiconductor companies such as Micron Technology, which boosted tech stocks.
Strong economic indicators, such as a drop in US weekly jobless claims to a four-month low, point to a resilient labor market.
Also, second-quarter US GDP growth was confirmed at 3% in yesterday's final reading, helping ease concerns about a slowdown in the world's largest economy.
Investors also reacted positively to China's stimulus measures, which are expected to have a wider impact on global markets.
