The S&P 500 (^GSPC) closes at a record high for the 36th time in 2024, the Nasdaq Composite (^IXIC) moving higher by 0.14% to notch its own record high. The Dow Jones Industrial Average (^DJI) fell by 0.13%.

Market Domination Overtime's Julie Hyman looks back on the day for markets and sectors as stocks digest Federal Reserve Chair Jerome Powell's ongoing testimonies to the Senate and how his statements translate into the likelihood of future interest rate cuts.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.