Biden To Give Speech On U.S. Response To Aerial Objects At 2 p.m. EST

The S&P 500 and the Nasdaq climbed to their highest settlement levels since April 2022 on Monday. Investors are awaiting inflation report and the Fed’s interest rate decision this week. Traders are now seeing around 72% chance that the Federal Reserve will maintain interest rates at its meeting on June 13-14. Data on consumer price index will be released today.