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Markets today: Tech lifts stocks with jobs and Powell in focus

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Wall Street traders breathed a sigh of relief, with Jerome Powell once again signaling he expects the Federal Reserve to cut rates this year — even as a strong economy keeps officials on hold for now.

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Markets today: U.S. stocks suffer 'heat check' as rally hits a wallWall Street traders sent stocks sliding on speculation that a rally to multiple records this year is now overdone.
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Powell Is Scaring No One on Wall Street as Market Gains BroadenAnyone betting that a hawked-up Jerome Powell would strike fear on Wall Street this week was left disappointed.
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Asia Stocks Set for Mixed Open After US Tech Slide: Markets WrapStocks in Asia were mixed as investors focused on China’s policy meeting after official announcements of an ambitious 5% growth target. Tech heavyweights drove Asian peers lower, ahead of Federal Reserve Chair Jerome Powell’s Congressional testimony.
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Stock market today: S&P 500 poised for new record with Powell back in spotlightInvestors are looking for further clues on the path of interest rates in Jerome Powell's second day of testimony.
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