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Stock market today: S&P 500, Nasdaq hover near record highs ahead of retail sales data

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Premarket Trading,Benchmark Index,Record Highs

Techs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.

US stock futures held near record highs, largely hitting pause in muted premarket trading before the week's economic data highlight: the release of May's retail sales numbers.) rose 0.2% as the tech-heavy index looked to build on a sixth-straight record close. Futures on the Dow Jones Industrial Average put to the test — or at least a back burner — as a look into the health of the US consumer takes the spotlight.

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The S&P 500 risks as much as an 86% crash when the "bubble of all bubbles" burst, one economist warned.

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