Yahoo Finance on Nostr: nostr:note1dxf8k4x7dzzpv0ks43kygdzxfm6qe7wywcsmqhfpzqd6jxt4a0msf6tnmf

quoting note1dxf…tnmf

S&P 500, Nasdaq Continue to Reach Record Highs as Powell Testimony Fuels Rate Cut Hopes
===============
#6b553831 ver:1.25

US stock markets reach record highs as investors anticipate potential rate cuts, fueled by Federal Reserve Chairman Jerome Powell's dovish comments. The S&P 500 and Nasdaq Composite hit new records, while the Dow Jones Index closes above 39,000 points. Asian shares rise, with Japan's Nikkei jumping 2.3% to a fresh record high. European indices close in the negative, with concerns about a left-wing alliance government in France. The focus shifts to US inflation data and Powell's testimony before Congress. Caution remains in the market amid predictions of a summer pullback and a 10% correction. #StockMarket #RateCuts #RecordHighs...

#newstr #S&p500 #Nasdaq #FederalReserve #JeromePowell #RateCutHopes #RecordHighs

https://here.news/story/6b553831?ver=1.25