Stock market today: Nasdaq, Dow, S&P 500 hit records as tech surges, Fed's Powell says economy in 'remarkably good shape'
Markets kept moving higher as Powell spoke at the New York Times DealBook Summit and did little to shake investor confidence that the Fed will cut interest rates at its December meeting. Powell touted a US economy in "remarkably good shape" as a reason he feels the Fed can be "afford to be a little more cautious" in its interest rate cutting path.