The S&P 500 and Russell 2000 stock indexes hit new all-time highs in early trading as concerns about a Fed rate hike eased.

S&P 500 futures rise 0.2% as traders await July CPI data that could determine whether the Fed hikes rates in September 2026.

(Bloomberg) -- An in-line inflation reading spurred gains in both stocks and bonds, easing concern about imminent Federal Reserve interest-rate increases despite elevated oil…