Stock market today: Nasdaq, Dow, S&P 500 hit records as tech surges, Fed's Powell says economy in 'remarkably good shape'
Markets kept moving higher as Powell spoke at the New York Times DealBook Summit and did little to shake investor confidence that the Fed will cut interest rates at its December meeting. Powell touted a US economy in "remarkably good shape" as a reason he feels the Fed can be "afford to be a little more cautious" in its interest rate cutting path.
Stock Market Today: Dow on track to finish above 45,000 after latest remarks by Powell
U.S. stocks remained higher in Wednesday's final hour of trading as investors looked past weaker-than-expected data from the Institute for Supply Management and Federal Reserve Chairman Jerome Powell's remarks about taking a more cautious approach to lowering rates.
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Dow Jones Rises 280 Points After Surprise Jobs Report, Powell Speech Next; Salesforce Soars On EarningsThe Dow Jones rose 280 points Wednesday on a surprise ADP jobs report. A speech from Fed chief Powell is next. Salesforce ...
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