June 12 (Reuters) - Wall Street jumped at the open, with

the S&P 500 and the Nasdaq touching fresh record highs on

Wednesday after benign consumer prices data reassured investors

inflation was cooling, boosting hopes for rate cuts from the

Federal Reserve later this year.

At

9:32

a.m. ET, Dow e-minis

were up 346 points, or 0.89%

, S&P 500 e-minis

were up 45.75 points, or 0.85%

, and Nasdaq 100 e-minis

were up 177.75 points, or 0.92%

.