S&P Futures Signal Endurance to Rate-Fueled Rally: Markets Wrap – Yahoo Finance

(Bloomberg) — Stocks hovered near record highs as traders hoped for more clues about the Fed’s outlook as Federal Reserve Chairman Jerome Powell wrapped up a two-day congressional hearing. Most read articles on Bloomberg Stocks rose for a seventh straight day, putting the S&P 500 on track for its longest run of gains since November. […]

S&P 500 and Nasdaq notch record highs as Nvidia gains – Yahoo Finance

(Reuters) – The S&P 500 and Nasdaq closed at record highs on Tuesday, helped by gains in Nvidia shares, after Federal Reserve Chairman Jerome Powell told lawmakers that further “favorable” economic data would strengthen the case for cutting interest rates. AI chipmaker Nvidia rose 2.5%, offsetting declines in other chip stocks. Microsoft fell 1.4%, while […]