Powell sends US equities to fresh highs, Tesla jumps | MarketTalk: What’s up today? | Swissquote
Federal Reserve (Fed) President Jerome Powell said that the Fed has made ‘quite a bit of progress’ on inflation and investors didn’t need more to jump back on the back of a bull. The S&P500 closed at a record high again, while Nasdaq 100 hit the 20’000 mark for the first time in history.
Tesla shares jumped 10% yesterday after the company reported a smaller decline in quarterly sales than expected.
On the data front, US job openings rose along with economic optimism but job openings in the private sector for example rose only 42K after falling nearly 500K in...