S&P 500, Nasdaq Close at Fresh All-Time Highs Ahead of Fed Powell's Testimony at Capitol Hill | Wall Street Today

The S&P 500 and Nasdaq closed at fresh all-time highs as traders awaited the Fed chair's testimony on Capitol Hill, the start of earnings season, and the June consumer price index this week.

Moomoo Recap US16:21 ET

Oppenheimer Asset Management Increased Its Year-end S&P 500 Target to 5,900

Seeking Alpha15:10 ET

Goldman Sachs' Tactical Specialist Scott Rubner Says He's on 'Correction Watch' for Stocks

Seeking Alpha13:20 ET

USD: Inflation and Powell in Focus This Week – ING

The dollar is modestly stronger out of the weekend as a surprise win of the left-wing alliance in the French second-round legislative elections sent European currencies lower and fuelled some safe-haven demand, with the Japanese Yen (JPY) and Swiss franc (CHF) rising, ING’s analyst Francesco Pesole suggests.

FXStreetJul 8 09:37 ET

Bullish on the big transaction, causing a buzz in the market. This is probably the most important trade in the second half of the year.

Wall Street major banks have collectively spoken out, stating that the normalization of the US yield curve - where the slope becomes steeper - will be the most important trade in the second half of this year.

wallstreetcnJul 8 09:32 ET

From "to cut or not to cut interest rates" to "who will be elected", predicting this business has become popular!

From new movie reviews to key economic data, from Federal Reserve rate cuts to US elections... Predicting markets is quietly rising.

wallstreetcnJul 8 08:34 ET