The Globe and Mail reports in its Thursday edition that stocks advanced Wednesday along with U.S. Treasury yields, as minutes from the Federal Reserve's September meeting indicated more rate cuts, while investors awaited inflation data for further clues on the central bank's interest-rate path. The S&P 500, Dow and S&P/TSX Composite Index all closed at record highs. Minutes from the meeting showed a "substantial majority" of Federal Reserve officials supported beginning an era of easing monetary policy with an outsized half-point rate cut, but there appeared even broader agreement that the initial move would not commit the Fed to any particular pace of rate reductions in the future. The Dow rose 431.63 points to 42,512.00, the S&P 500 rose 40.91 points to 5,792.04 and the Nasdaq composite rose 108.70 points to 18,291.62. The S&P/TSX composite ended up 152.39 at 24,224.90, moving past the record closing high it posted on Friday. Investors will be monitoring inflation data today in the form of the consumer price index for insight on the Fed's rate path, while corporate earnings season kicks off with bank earnings Friday. In Toronto, Celestica shot up after TD Cowen raised its target price on the stock.