Powell Says Economic Strength Gives Fed Ability to Take Time on Rate Cuts
U.S. stocks closed: The three major indices hit new highs as Trump rallied the cryptos craze, and the AI applications and chip sector saw more bullish earnings reports.
① Powell's wording is "just right," and the Dow Jones industrial average closed above 45,000 points for the first time in history; ② AI applications and the chip sector see another bullish earnings report; ③ The CEO of the largest health 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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