Artificial Intelligence Identifies Autozone And Lowe's Among Today's Top Buys

For the second day in a row, investors shook off hotter than expected inflation. Despite the consumer price index skyrocketing in May by 5% from a year ago, shattering the estimated 4.7% and the fastest the index rose since August 2008, investors largely overlooked it. The 10-year Treasury yield fell to 1.44% after trading as high as 1.77% earlier in the year, somewhat easing fears and showing that inflation may only be transitory. Investors also continued to cheer Thursday's jobless claims data which again hit a pandemic era low. The Dow Jones gained 100 points, the S&P 500 added 0.2% to its record high, and the Nasdaq ticked up 0.1%.