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

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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