Cool inflation data cut September rate-hike odds to 25% and lifted the S&P 500 to a 27th record close, while SanDisk gained 34.7% and Tapestry dropped 20.5%.

The S&P 500 opened at a record high after July CPI data showed 3.4% year-over-year inflation, with the Dow and Nasdaq also climbing on rate-hike

CoreWeave and Super Micro Computer earnings lifted AI-linked stocks, while cooling inflation reduced pressure on the Fed to raise rates