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June 2, 2026

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Non-farm payrolls report is the week’s marquee event

U.S. equities extended their rally for a ninth consecutive week, with the S&P 500 climbing as easing oil prices, resilient earnings, and AI-linked momentum overcame inflation concerns. Alongside the S&P, the Nasdaq-100, Nasdaq Composite, and DJIA all closed at record highs on Friday, with only the Russell 2000 pulling back a touch from Thursday’s record close.

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Growth vs Value Factor chart

Growth vs Value Factor — one of the charts from our research.