Stocks in the US finished lower on the last trading session of June, as investors digested a batch of economic data. The S&P lost 0.4% after touching a fresh high of 5.5K, the Nasdaq 100 slid 0.7% after briefly hitting a record level of 19980. Fresh data showed the Fed's preferred inflation measure was virtually unchanged in May, paving the way for the Fed to cut rates this year.
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Stocks in the US finished lower on the last trading session of June, as investors digested a batch of economic data. The S&P lost 0.4% after touching a fresh high of 5.5K, the Nasdaq 100 slid 0.7% after briefly hitting a record level of 19980. Fresh data showed the Fed's preferred inflation measure was virtually unchanged in May, paving the way for the Fed to cut rates this year.