Stocks in the US fell during the final trading hour of June, as investors digested a batch of economic data.
The S&P was down 0.5% after touching a fresh high of 5.5K, the Nasdaq 100 slid 0.6% after briefly hitting a record level of 19980.
Meanwhile, the Dow Jones lost over 150 points.
Fresh data showed the Federal Reserve's preferred inflation measure was virtually unchanged in May, paving the way for the Fed to cut rates this year.
Meanwhile, the Michigan consumer sentiment was revised sharply higher and inflation expectations were lower than previously reported.
Utilities and consumer staple sectors were dropping the most, while energy and real estate stocks were leading the gains.
Megacaps were mixed, with Nvidia (-0.3%), Amazon (-2.3%) and Meta (-1.6%) dragging the most. Considering the month, the S&P soared 3%, the Dow was up 0.4% and the Nasdaq rallied 4.4%.