US May consumer confidence 117.9 vs 119.8 expected

• Prior was 120.3
• Present situation 140.7 vs 140.6 prior
• Expectations 102.6 vs 106.7 prior
• Jobs hard-to-get 18.2 vs 19.4 prior
• 1-year consumer inflation expectations 4.7% vs 4.7% prior

The downtick on expectations was the driver. That mitigates the dip a bit.
Overall, the index has dipped since peaking in March but it's a small retracement after a very big run-up.