(Bloomberg) -- Wall Street traders drove stocks higher and bond yields fell as more evidence of moderating inflation reinforced bets the Federal Reserve will refrain from raising interest rates next month.

(Bloomberg) -- Wall Street traders refrained from making big bets on stocks and bonds ahead of a key inflation report as oil resumed its advance.

Crude rebounds and small caps outperform while megacap tech drags the Nasdaq lower, as traders brace for Wednesday's U.S. inflation print and even odds of a Fed hike.