The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) both recorded new record highs at Monday's market close, getting a good start to an eventful week: the Federal Reserve's June FOMC meeting is adjourning and May's CPI (Consumer Price Index) print will be released on Wednesday, June 12.

Yahoo Finance Markets Reporter Josh Schafer comes on Asking for a Trend to break down the biggest market themes from the trading day, including Apple's (AAPL) headlining unveil of its "Apple Intelligence" initiative at its Worldwide Developers Conference (WWDC).

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Luke Carberry Mogan.