The S&P 500 hit its 46th record close of the year on Monday. Lucky-photographer/ShutterstockUS stocks hit record highs on Monday as investors get ready for a wave of earnings reports.Over 80 S&P 500 companies, including Netflix and Goldman Sachs, report earnings this week.Fed Governor Waller advised caution on future rate cuts.US stocks surged about 1% on Monday, driving the S&P 500 and Dow Jones Industrial Average to record closing highs as investors gear up for a wave of third-quarter earnings this week.Monday's close marked the S&P 500's 46th record close of the year, as investors continue to power the two-year-old bull market higher.