Market Rally Continues Amid Mixed Macro Signals
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U.S. equities extended their rebound with the S&P 500 crossing 6,000 again as investors digested conflicting economic data. While manufacturing PMIs showed contraction, resilient labor figures (139K May jobs added) tempered recession fears. The Nasdaq-100 led gains at +1.97%, suggesting renewed risk appetite.
Crypto markets remained unmentioned in traditional finance coverage this week, though the equity rally's risk-on undertones could spill over into digital assets. Bitcoin and major altcoins often correlate with tech stock performance during liquidity-driven markets.
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