Powell testimony paints a bright picture for US economy
As Fed chair Powell's testimony continues, the US major stock indices have moved higher.
The major indices are all trading in the black now.
- Dow is up 4 points
- NASDAQ is up 15 points after being the dog earlier today (traded down to 7749, it is currently at 7821
- The S&P is trading up 5.3 points or 0.19% at 2803.80.
The big mover is the NASDAQ. Amazon which was down about -1% is currently up 0.87%. Netflix is also recovering but still lower on the day. It was as low as $346. It currently trades at $368, down -$32 on the day.
