The stock market surged as the S&P 500 and Nasdaq achieved new highs amidst investor focus on the Federal Reserve's impending policy decision and key inflation data. Market dynamics were influenced by political uncertainties in Europe, leading to a decline in the Euro.
JPMorgan and Citigroup cautioned of potential stock market volatility this week due to upcoming events. Investors are eagerly awaiting the Fed's decision and May's CPI data for insights into future monetary policy actions.
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