Fed Chair Powell continues testimony as S&P 500 looks to build on record highs: Yahoo Finance

Federal Reserve Chair Jerome Powell is back on Capitol Hill to testify before the House Financial Services Committee on US monetary policy. As the economy continues to wrestle with inflationary pressures, all eyes are on Thursday’s Consumer Price Index report. The Fed is looking for more signs of economic cooling before initiating its first interest rate cut of the year. Meanwhile, the tech sector continues to push the S&P 500 to record highs.

"Fake it till you make it may work in Silicon Valley, but for the rest of us, I think once bitten twice shy may be more appropriate for AI," MacroStrategy Parternship's Ferguson told Bloomberg.Are you ready to go beyond just Nvidia stock? These companies still provide investors with plenty of room to grow. The post If You Like Nvidia, Then You Will Love These 2 Hot AI Stocks appeared first on The Motley Fool Canada.

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Fed Chair Powell stresses data dependency, Boeing Q2 deliveries slip: Yahoo FinanceWall Street is keeping an eye on Washington, where Federal Reserve Chair Jerome Powell is giving his semiannual policy report to Congress. Monetary policy is...
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