The S&P 500 and Nasdaq have hit fresh highs for the year in the past few sessions, lifted by market heavyweights such as Amazon.com AMZN.O, Apple AAPL.O and Tesla TSLA.O. The U.S. Labor Department report showed consumer price index(CPI) rose 0.1% last month compared with a 0.4% jump in April, with core inflation remaining unchanged at 0.4%. U.S.-listed shares of Chinese companies including JD.com JD.O, Alibaba Group BABA.N, Baidu BIDU.O and Netease NTES.O rose, tracking gains in Shanghai markets, after China's central bank lowered its short-term lending rate for the first time in 10 months.