RECAP
The market watched Federal Reserve Chair Jerome Powell testify before a Senate committee Thursday, and not much else happened. Powell said the FOMC was close to deciding on a rate cut and that there would likely be cuts this year. Stocks advanced on the FedSpeak, and the S&P 500 to a new record close at 5,157.
Sometimes, the dance floor needs a song everyone has already heard to keep the party moving.
The $S&P 500 Index(.SPX.US)$ climbed 1...