Stock market today: S&P 500 rises, Nasdaq on track for record as Wall Street looks ahead to inflation reality check – Yahoo Finance

The S&P 500 is currently rising, and the Nasdaq is poised to achieve a record high as investors anticipate the upcoming inflation data release. Wall Street is closely monitoring this “inflation reality check” to gauge the Federal Reserve’s future monetary policy decisions. Market sentiment appears optimistic despite lingering concerns about persistent inflation, with tech stocks particularly contributing to the Nasdaq’s potential record. Investors are likely adjusting their portfolios based on expectations for inflation trends and potential interest rate adjustments by the Fed.

News summary provided by Gemini AI.