Stocks reached record highs last week despite mixed inflation data, as investors focused on signs of labor-market weakness over inflation risk. Chris Larkin, managing director at E*TRADE, noted that the market is betting on continued growth despite uncertainties. This optimism led to multiple record highs in the stock market.
Read more at Dow Jones & Company: Stocks Barely Budge to Start the Week. Retail Earnings and Jackson Hole Loom.