US stocks mixed as Middle East tensions ease; Fed's Powell in focus

Wall Street experienced a mixed performance as investors monitored developments in the Middle East and analyzed Federal Reserve Chair Jerome Powell's testimony. While ceasefire optimism boosted risk sentiment, Powell's remarks on potential tariff-induced inflation tempered enthusiasm for immediate rate cuts. Sector performance varied, with real estate declining and information technology gaining.

from Stocks-Markets-Economic Times https://ift.tt/WVbXgyn