S&P 500 Looks to Set New Record Highs as Global Stocks Rise

Stocks look to continue the recent rally with more gains today. The S&P 500 is on track for fresh record highs at the open this morning. Alcoa (AA) - Get Report  beat earnings expectations, which is adding to the bullish mood. Global stocks have added $12.6 trillion in value since hitting bottom in March 2009. The Securities and Exchange Commission is reportedly investigating Tesla (TSLA) - Get Report . The Los Angeles Times says it is looking into whether it broke securities laws by failing to disclose that one of its drivers had died while using the company's autopilot software. The electric car maker is facing criticism for not disclosing the crash to the SEC and investors. Taylor Swift is the world's top earning celebrity, according to Forbes. It estimated she earned $170 million between June 2015 and June 2016. There will be lots of Federal Reserve Speak today. API releases oil inventories and the JOLTS job openings are out.