Wall Street closed little changed Thursday as traders awaited a crucial report on inflation that could impact the Federal Reserve’s interest rate decisions. The S&P 500 and Nasdaq both inched higher, close to their all-time highs, while the Dow Jones saw a slight increase as gains in retailers and tech companies offset losses in other sectors. Walgreens and Levi Strauss reported disappointing results, leading to significant stock declines, while McCormick and Amazon posted strong gains. Chipmaker Micron Technology fell after an unsatisfactory forecast. The latest data showed a slight increase in economic growth in the first quarter, with consumer spending showing signs of slowing. The Federal Reserve is aiming to balance taming inflation and avoiding an economic downturn. The stock market is bracing for Friday’s inflation report, which could influence the Fed’s upcoming interest rate decisions. Overall, the S&P 500 is on track for its fourth consecutive winning week, up nearly 4% for June and 15% for the year.