By Caroline Valetkevitch and Karen Brettell

NEW YORK, June 29 (Reuters) – The U.S. economy and the U.S. stock market are starting to go their own ways.

An eventful June featuring the launch of the record-busting SpaceX IPO and Federal Reserve chief Kevin Warsh’s first meeting has been full of contradictions.

U.S. economic data has been solid, led ‌by continued job gains and strong consumer spending, while sentiment is ticking up. Yet the Nasdaq and S&P 500 are down for the month and the once-unstoppable Magnificent Seven technology ‌stocks are off more than 10% by one measure. Treasury bonds rallied, sending yields lower even after inflation exceeded 4% last week for the first time in…