Small-cap companies and technology stocks led the way, with growth stocks outperforming value stocks.
The banking sector saw significant activity, driving the KBW Bank Index higher.
The Bureau of Economic Analysis reported a 0.1% rise in the core PCE price index for May, suggesting a potential rate cut by the Fed in September.
The pan-European STOXX Europe 600 Index fell 0.72%, impacted by political uncertainty in France ahead of President Emmanuel Macron's snap election.
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