Federal Reserve Chairman Powell's Inflation Forecast Boosts Nasdaq and S&P to Record Highs
Tuesday, 9 July 2024, 14:26
Nasdaq and S&P Hit Fresh Records
The Nasdaq and S&P indices surged to new all-time highs.
Optimism from Powell's Inflation Forecast
Chairman Jerome Powell's positive inflation outlook boosted market sentiment.
Market Response and Confidence
- Bullish sentiment: Investors responded positively to Powell's remarks.
- Confidence: Growing trust in the economic and monetary policy under Powell.
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