Federal Reserve Chair Jerome Powell Testimony Impact on Markets and Cava CEO Insights

Wednesday, 10 July 2024, 17:21

Federal Reserve Chair Powell testifies on economy and rate cuts. S&P 500 hits record high. Cava CEO shares insights. Key market movers and economic data. Analysts bullish on S&P 500 and market conditions.
Yahoo Finance
Federal Reserve Chair Jerome Powell Testimony Impact on Markets and Cava CEO Insights

Federal Reserve Testimony:

Fed Chair Powell addresses US lawmakers on economy and rate policies.

Market Highlights:

  • S&P 500: Hits 36th record high this year.
  • Tesla: 10 straight days of gains.
  • Cava CEO Interview: Insights on industry value and growth.

Analysts Views:

  1. Oppenheimer: Ups S&P year-end target to 5,900.
  2. BMO Wealth Management: Positive outlook on economic conditions.

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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