The Latest Breaking News on Chip Stock Strength Pushes the S&P 500 and Nasdaq 100 to Record Highs

The Dow Jones Industrial Average reversed lower Tuesday afternoon. Restaurant stocks felt heat.

The dollar index (DXY00 ) today is up by +0.10% on support from higher T-note yields. However, today’s rally in the S&P 500 to a new record high has curbed some liquidity demand for the dollar. Comments today from Fed Chair Powell today were neutral for the dollar. Fed Chair...

September S&P 500 E-Mini futures (ESU24) are up +0.16%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.27% this morning as market participants awaited Federal Reserve Chair Jerome Powell’s congressional testimony for insights into the U.S. interest rate outlook.

The AI trade has lifted the stock market to all-time highs despite weakening economic data, prompting fears the upcoming Q2 earnings season could prove disappointing.

Stock Market Today: The Dow Jones fell Tuesday ahead of Fed Chief Powell testimony. Netflix and Nvidia stock received price-target hikes.

September S&P 500 E-Mini futures (ESU24) are up +0.25%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.40% this morning as market participants awaited Federal Reserve Chair Jerome Powell’s congressional testimony for insights into the U.S. interest rate outlook.

Asian markets rose Tuesday following gains in US stocks and ahead of Fed chief Jerome Powell's testimony to Congress which will be closely watched for any hints on the timing of rate cuts.

The ASX200 finished up 0.86 per cent ahead of overnight congressional testimony by Fed chairman Jerome Powell.