S&P 500 Closes Above 5,500 for the First Time as Powell Discusses Inflation Progress =============== #cf2b8919 ver:1.53 The S&P 500 closes above 5,500 for the first time as Powell discusses inflation progress. US stocks open higher, with Dow Jones up 0.17% and Nasdaq up 0.23%. Traders focus on upcoming jobs data for insight into the US economy. Tesla stock jumps after delivering 444,000 vehicles in Q2. Wall Street futures are in the green as traders prepare for the second half of the year. S&P 500 rallies, closing above 5,500 for the first time ever. Powell's comments on disinflationary path and potential rate cuts lead to a rally in all three major indices. #StockMarket #Inflation #JobsData #Tesla #WallStreet #S&P500... #newstr #S&p500 #StockMarket #FederalReserve #JeromePowell #Tesla #Nvidia #Inflation #EuropeanMarkets #AustralianShareMarket https://here.news/story/cf2b8919?ver=1.53