Stocks close higher, S&P 500 hits 3,000 for the first time as Fed chief signals rate cut ahead

Stocks jumped to record highs after testimony from Fed Chair Jerome Powell bolstered the case for easier monetary policy in the U.S.
— Read on www.cnbc.com/2019/07/10/stock-market-fed-chair-powells-testimony-in-focus-on-wall-street.html