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S&P 500 and Nasdaq Hit Record Highs Ahead of Fed Meeting

Investors brace for key inflation data and Federal Reserve's policy decision as markets show optimism.

  • S&P 500 and Nasdaq closed at record highs, driven by positive sentiment in the stock market.
  • Apple unveiled its AI roadmap at WWDC, impacting its stock performance.
  • Federal Reserve's upcoming policy meeting and May inflation report are crucial for market direction.
  • Consumer confidence in stock market outlook reaches a three-year high.
  • Oil prices surged, reflecting broader market trends.
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