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S&P 500 notches intraday record early Thursday as investors await Powell speech – MarketWatch

The S&P 500 index carves out an intraday record early Thursday, with technology shares helping boost the broad-market benchmark, while the Dow retreated…

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The S&P 500 index carved out an intraday record early Thursday, with technology shares helping, while the Dow was lagging, ahead of expected comments on the global economy from Federal Reserve Chairman Jerome Powell. A weekly report on those seeking unemployment benefits in the U.S. showed an unexpected rise, perhaps reinforcing the Feds concern about the labor markets recovery from COVID.How are stock benchmarks faring?

  • The Dow Jones Industrial Average
    DJIA,
    -0.11%
    fell 40 points, or 0.1%,…

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