 Capital markets, Amy Wu-Silverman notes the S&P 500 rose for a seventh straight day to notch its 37th record this year. Well, Amy, the big event for markets comes later this morning, the release of a key inflation report. Economists are forecasting the core CPI to rise two-tenths of a percent in June for a second month. That would mark the smallest back-to-back gain since August. Federal Reserve Governor Lisa Cook predicts inflation will cool with little damage to the labor market.