By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed higher on Wednesday as megacaps rallied, but gains were limited ahead of inflation reports and major bank earnings later in the week. Microsoft, Meta Platforms and Nvidia were the biggest boosts to the S&P 500 index, as the benchmark 10-year Treasury note yield held near 4%and a $37 billion auction of the notes drew above-average demand. Communication services was the best performing of the 11 major S&P sectors, lifted by a 3.65% rise in Meta Platforms’ stock, which hit its highest intraday level since September 2021, after Mizuho rai…