On Wednesday, all three major averages closed at new records as inflation data came in lower than expected. The $Dow Jones Industrial Average (.DJI.US)$ rose 350 points, representing a gain of 0.88%, while the $S&P 500 Index (.SPX.US)$ climbed 1.17%, closing above 5,300 for the first time. The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ also posted gains, ending the session 1.40% higher.
What's behind the recent uptrend?
The lat...