U.S. stocks continued their upward trajectory from the previous week supported by a cooler than expected consumer inflation report and sustained corporate earnings momentum.

U.S. equity markets resumed their upward climb last week bolstered by a surge in technology stocks. Meanwhile, another stronger than expected monthly jobs report continued to throw cold water on the prospect for rate cuts near-term.

U.S. equity markets took a breather from their recent rally last week amid hawkish commentary from Federal Reserve members and a mixed bag of economic data, but equities held on to strong gains for the month of May.

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U.S. stocks continued their upward trajectory from the previous week supported by a cooler than expected consumer inflation report and sustained corporate earnings momentum.