S&P 500 Tops Historic 5,600 Mark as Big Tech Soars

What You Need To Know

• The options market is betting the S&P 500 Index will move 0.8% in either direction Thursday when CPI data for June is released.
• The S&P 500 climbed for a seventh straight day on Wednesday, while the Nasdaq 100 added 1%.
• Meantime, some market insiders say investors should gear up for a potential break in the eerie calm that's recently descended on the market.