Stocks Rally to Fresh Highs as Powell Investigation Casts a Cautionary Shadow
TL;DR Summary
U.S. stock indexes closed at or near records with the S&P 500 and Dow hitting new highs as tech and consumer shares led gains, even as Fed Chair Powell faces a criminal probe that injects caution into markets. Gold and silver surged to record-like levels amid a weaker dollar, while Alphabet’s market-cap milestone followed Apple’s plan to use Google’s Gemini for AI features, Walmart joined the Nasdaq-100, and a wave of earnings and 52-week highs underscored ongoing market activity.
Topics:top-news#apple-google-ai#business#gold-silver-rally#powell-investigation#record-highs#stock-market
- S&P 500 is little changed, rallying back from session lows despite Powell probe, bank sell-off: Live updates CNBC
- Dollar Weakens After Fed Is Served With Subpoenas: Markets Wrap Bloomberg.com
- S&P 500, Nasdaq pause on fresh Fed pressure; banks hit by rate-cap proposal Reuters
- Before the Bell: What every Canadian investor needs to know today The Globe and Mail
- Stock Market Today: Dow Lags Despite Nvidia Gain; Electronics Name Breaks Out (Live Coverage) Investor's Business Daily
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