The S&P 500 gained 0.3% last week. A week of strong declines following Italy’s debt and the trade war ended slightly higher on better-than-expected employment data released on Friday. In the past nine years, the bulls have learned that every pullback needs to be bought and despite the pessimism of the bears, it succeeded this week again. May ended with a 2.6% rise, and now June is at the door. This week will be affected by Apple’s technology conference on Monday and the rapidly expanding trade war.
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