Wall Street charged toward new highs Wednesday as cooling wholesale inflation fueled hopes for a Fed rate cut—and AI excitement sent Oracle stock soaring nearly 35%.

Stocks are rising on Monday ahead of a week with several data reports that could dictate by how much or even whether the Federal Reserve will cut interest rates at its next…

The major averages closed at new record highs on Tuesday.

Wall Street charged toward new highs Wednesday as cooling wholesale inflation fueled hopes for a Fed rate cut—and AI excitement sent Oracle stock soaring nearly 35%.