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Stock impact report

U.S. stocks end higher after Fed chief's testimony; Nasdaq notches record close [MarketWatch]

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
Company Research Source: MarketWatch
Nasdaq ends at a record as bets on a Fed rate cut in July climb; S&P 500 touches 3,000 The Nasdaq on Wednesday scored a record close, its first in about a week, and the broader market finished at or near all-time highs as investors raised their expectations for a decrease in benchmark interest rates at the end of the month. The Nasdaq Composite Index COMP, +0.75% closed up 0.8% at 8,202, notching its first record close since July 3. The S&P 500 index SPX, +0.45% meanwhile, carved out a fresh intraday record at 3,002.89, briefly punching through a psychological milestone at 3,000. The index, however, pulled back from that level to close 0.5% higher at 2,993, just shy of its July 3 closing record at 2,995.82. The Dow Jones Industrial Average DJIA, +0.29% finished with a gain of 77 points, or 0.3%, to reach 26,860 (all benchmark closing values are on a preliminary basis). Market participants reacted to comments from Fed Chairman Jerome Powell who delivered his first in two days Show less Read more
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