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Record highs, tired legs: The S&P climbs into resistance just as the data avalanche begins

요약

Wall Street has rolled into June the way it left May — at record highs and refusing to flinch. The S&P 500 trades around 7,580 this morning, the Nasdaq just notched its best month of the year (up more than 8% in May), and the mood is unmistakably risk-on.