Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
US stocks closed: all three major indexes reached new highs as Trump stirred up a bullish trend in cryptos; AI applications and the chip sector once again showed bullish earnings reports.
① Powell's wording was "just right", and the Dow Jones closed above 45,000 points for the first time in history; ② The AI applications and chip sector once again showed bullish earnings reports; ③ The CEO of the largest insurance company in the usa was assassinated on the street; ④ Trump nominated an SEC chairman with a pro-cryptos stance.
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