S&P 500 hits record high in run-up to CPI report: Markets wrap

Stocks hit new record highs as Wall Street awaits key inflation data, with tech shares leading gains. The S&P 500 nears 5,800, driven by Apple and Tesla's performance. Anticipated CPI data could show continued moderation in consumer prices. Investors remain optimistic but cautious, focusing on tech, AI, and potential market volatility.