S+P 500 futures eyeing a potential new record later today

Yesterday the S+P 500 closed at 5,482, with a gain of just 0.09% on the day. The rise of just 4.97 points on the day was not visibly impressive, but not far away from the current 2024 and all time record high at 5,505.53. Just now this morning, the index future is pricing the opening close to, or perhaps even above 5,500 and so clearly that record high looks to be very much on the radar, assuming the gains in the futures hold up. Now later on, ahead of the reopening we get the very important US PCE (Personal Consumption Expenditure) report for May, at 12.30pm GMT. That is expected to come in slightly lower- core annualised prices forecast to be running at 2.6%, compared to a previous run rate of 2.8%. This data could impact the S+P 500 futures and also we should remember that today is last trading day of the month. So, right now the index is on track for a record monthly close, even if it does drop back a little later on. As to whether that monthly close is a new all time high though remains to be seen