Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. 1. The S & P 500 and Nasdaq hit intraday all-time highs for the second straight session, but have come off the boil a bit. Both indexes finished with record-high closes Tuesday after cooler-than-expected consumer inflation data put a near lock on a Federal Reserve interest rate cut next month, with increasing odds of additional cuts in October and December. "I am concerned that things are too exuberant," Jim Cramer said during the Morning Meeting, ahead of Thursday's Monthly Meeting for Club members at noon ET. Health-care, consumer discretionary, and financial stocks were leading Wednesday's market higher. Our newest stock, Cisco Systems ,

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