The Market Marches Toward Another Record as Powell Testifies. Don’t Forget About Inflation Data.

  • July 10, 2024

The S&P 500 and Nasdaq Composite were on track to build on a recent string of record closing highs as Fed Chair Powell sat before Congress for a second day of testimony. The Dow was up 50 points, or 0.1%. The S&P 500 was up 0.2%.