Wall Street Reacts to Powell's Congressional Testimony =============== #d044f1de ver:0.79 Wall Street reacts to Powell's testimony as S&P 500 and Nasdaq reach new highs, Dow slips. Powell warns of risks in delaying interest rate adjustments amidst inflation concerns. Traders still expect rate cut in September. Bond yields rise slightly. Financial sector gains, while Helen of Troy plummets. Powell's testimony and upcoming inflation reports and earnings releases will provide further insights into economic conditions. #WallStreet #PowellTestimony #Inflation #Earnings... #newstr #WallStreet #FederalReserve #JeromePowell #Inflation #InterestRates #EconomicGrowth #JobMarket #TreasuryYields #ConsumerSpending #LaborMarket #BankingStocks #Intel #HelenOfTroy #CorporateEarnings https://here.news/story/d044f1de?ver=0.79