Stocks soar as Powell signals progress on inflation
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Stocks on Wall Street surged today, buoyed by Federal Reserve Chair Jerome Powell's remarks indicating progress in controlling inflation. The Dow Jones Industrial Average climbed over 200 points, reaching an all-time high, while the Nasdaq gained 75 points, nearing its own record. The S&P 500 also finished the day higher, signaling a positive start to the week for the markets.
In other news, coverage of the Republican National Convention continues, with live streaming and special reports scheduled throughout the evening. Viewers can expect comprehensive updates and analysis as the convention unfolds. The NewsHour team will provide ongoing coverage, ensuring audiences stay informed on key developments.
In other news, coverage of the Republican National Convention continues, with live streaming and special reports scheduled throughout the evening. Viewers can expect comprehensive updates and analysis as the convention unfolds. The NewsHour team will provide ongoing coverage, ensuring audiences stay informed on key developments.
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