U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years.

Investors outside of the U.S. have been snapping up a near record amount of corporate bonds as the Federal Reserve gears up to cut interest rates for the first time in four years. Net buying by foreign investors of U.

Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.