Investors observed a drop in Dow Jones futures ahead of Federal Reserve Chairman Jerome Powell's speech, while Tesla stock soared following surpassing delivery projections. Oil prices continued to rise, and the 10-year Treasury yield slightly decreased.
Powell's comments on potential rate cuts and inflation progress influenced market optimism, with S&P 500 and Nasdaq hitting record highs. European and Asian markets also saw gains amid hopes of US interest-rate cuts, with tech stocks and job data remaining key focal points for investors entering the second half of the year.
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