Stock market today: S&P 500 set to build on record high with Powell on deck

US stocks were poised to resume their record-setting climb on Tuesday, as investors assessed concerns about a pullback as they waited for Federal Reserve chair Jerome Powell to speak. S&P 500 futures edged up 0.2%, while those on the tech-heavy Nasdaq 100 led the way higher with a 0.4% gain. Dow Jones Industrial Average futures were little changed. Stocks have ground out fresh all-time highs as signs of a US economic slowdown bolster bets on interest-rate cuts.

Testimony to the House follows the next day, setting the stage for a key update on consumer inflation on Thursday — all potential catalysts for stocks if they confirm a cooling. But a note of caution is seeping into the market as the idea of a summer pullback gets more backers, with Morgan Stanley strategist Mike Wilson calling for a 10% correction. Wall Street is getting cold feet about this coming earnings season, given the higher bar of expectations they face this time around.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: S&P 500, Nasdaq eke out fresh records with Powell on deckA consequential week that could provide key signals for the near-term path of interest rates.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: S&P 500, Nasdaq eye fresh records as Powell notes inflation progressInvestors cautiously weighed the rate-cut odds ahead of crucial June jobs data, with Powell comments on deck.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Stock futures steady as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: S&P 500, Nasdaq hover near records as Nvidia becomes most valuable stockTechs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Stocks wobble as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »

Stock market today: Stocks edge higher as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »