Wall Street Reacts to Powell's Congressional Testimony and Weak Chinese Inflation Data =============== #d044f1de ver:0.8 Wall Street reacts to Powell's testimony and weak Chinese inflation data. Stocks inch up, bond yields rise slightly. Traders maintain expectations of rate cut in September. Financial sector gains, while Helen of Troy plummets. Powell highlights cooling labor market. Weak Chinese data impacts crude prices. Powell's testimony continues tomorrow. Key inflation reports and corporate earnings releases ahead. #WallStreet #PowellTestimony #ChineseInflation #RateCut #EarningsReports... #newstr #WallStreet #FederalReserve #JeromePowell #MonetaryPolicy #Inflation #ChineseEconomy #CrudePrices https://here.news/story/d044f1de?ver=0.8