Stock Market Today: Stocks Gain Ground Ahead of Inflation Data, Fed Meeting

The major indexes continued to rise ahead of tomorrow's CPI report and Wednesday's Fed policy announcement.

stock price moves on smartphone
(Image credit: Getty Images)

Stocks closed higher Monday ahead of tomorrow's highly anticipated release of the May consumer price index (CPI) report and Wednesday's policy announcement from the Federal Reserve. 

While market participants kept a cautious eye on these two upcoming events, some single-stock news, including Tesla's (TSLA) longest win streak on record and a pre-earnings upgrade for Oracle (ORCL), was also in focus. 

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.