U.S. stocks were mixed last week. The S&P 500 index closed on Friday at a record high. Real Estate and Healthcare names rallied, while the Financial sector lagged. Last week's main economic news was the May U.S. consumer price index (CPI) report. It announced on Thursday that consumer prices rose 5% year-over-year last month or 3.8% excluding food and energy. Despite a higher-than-expected CPI in May, investors bought U.S. Treasuries last week, sending the yield on the benchmark 10-year note down to 1.46% Elsewhere, data out Tuesday suggested that many jobs are likely to be filled in the second half of the year. The JOLTS report said that the U.S.
https://www.tipranks.com/news/weekly-market-review-breaking-through-to-new-highs-2
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