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flag Stocks climb as the S&P 500 nears record levels ahead of key economic data influencing Fed rates.

flag Stocks are rising on Wall Street, with the S&P 500 nearing record levels, as investors await key economic data that could influence the Federal Reserve's decision on interest rate cuts. flag AppLovin, Robinhood Markets, and Emcor Group are set to join the S&P 500 index later this month, contributing to the market's positive performance. flag Investors are focused on upcoming inflation reports from the Bureau of Labor Statistics, which will be released this week and could impact the Fed's rate decision in September.

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