Stocks Soar to Record Highs & Nvidia Joins $3T Club

‘Mag Seven’ Drive US Stocks Toward All-Time Highs (Bloomberg)

Apple Nears $3 Trillion Market Cap Again. Wall Street Is Getting Excited About WWDC. (Barron’s)

S&P 500 rises to a record as Nvidia soars, investors look for rate cuts (CNBC)

US Service Providers Chalk Up Strongest Growth in Nine Months (Bloomberg)

Private payrolls growth slows to 152,000 in May, much less than expected, ADP says (CNBC)

Bond Traders Pile Into Fresh Bets on Faster Pace of Fed Cuts (Bloomberg)

Goldman Sees ‘Wall of Money’ Fueling Stock Market’s Summer Party (Bloomberg)

Asia’s Chip Giants Hustle to Maintain Their Edge Over the U.S. (WSJ)

China’s plan to sell cheap EVs to the rest of the world (FT)

Americans Have More Investment Income Than Ever Before (WSJ)