US STOCKS HIT RECORD INTRADAY HIGHS AFTER FED SIGNALS RATE CUTS

THE S&P 500 ROSE ABOVE 3,000 FOR THE FIRST TIME TODAY AFTER FEDERAL RESERVE CHAIRMAN JEROME POWELL SIGNALED A RATE CUT IS LIKELY THIS MONTH. NTD REPORTER JEREMY SANDBERG HAS THE DETAILS ON POWELL’S TESTIMONY AND ITS EFFECTS ON THE STOCK MARKET.