Stock Market Surges to New Heights Amid Powell's Senate Testimony

Tuesday, 9 July 2024, 20:17

The stock market reached new record levels with the S&P 500 and Nasdaq touching highs as investors anticipate a potential rate cut following Jerome Powell's Senate testimony. Powell's speech is closely watched for insights into the Fed's view on the economy and potential policy adjustments.
Yahoo Finance
Stock Market Surges to New Heights Amid Powell's Senate Testimony

Stock market hits new heights

The S&P 500 and Nasdaq soar to record highs.

Powell's Senate testimony

Jerome Powell shedding light on the economy.

Policy update anticipation grows among investors.

  • Investors eagerly await the Fed's picture of the economy.
  • Speculation rises on possible rate cuts.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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