Gold, bitcoin and stocks hit record highs this week. Then came inflation data | CNN Business

New York CNN  — 

Stocks started the week on a high note. Now, things are looking a little dimmer.

The S&P 500 index on Tuesday reached a record high close for the 17th time this year, as investors shrugged off a higher-than-expected 3.2% annual rise in consumer prices and cheered a cooldown in some categories like food prices.

Stocks weren’t the only winners. Gold settled at a record high of $2,188.60 a troy ounce on Monday, as investors become more confident that the Federal Reserve will cut interest rates by June. Bitcoin also reached a record

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