U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 was up 0.

The cryptocurrency market saw huge moves over the weekend following the Fed's decision last week to cut interest rates by another quarter-point.

On Wednesday, Reuters reported that Jamie Dimon — a perennial prospect for Treasury secretary, no matter the administration — would stay at the bank rather than join Trump’s cabinet. This is perhaps not a surprise,