Stock Market Today: Rally heads into third day
S&P 500, Nasdaq-100 eye 52-week highs. Powell testimony continues. Tesla's European sales slump. FedEx shares slide on tariff woes.
Stocks were looking at continuing this week's rally even as oil prices and interest rates were moving higher.
Futures trading suggests the Standard & Poor's 500 Index will open higher by about 8 points, and the Nasdaq-100 Index was looking at a 75-point gain. Both indexes flirted with all-time highs on Tuesday when stocks enjoyed a stupendous rally.
Futures trading in the Dow Jones Industrial Average suggest the blue chips will open down slightly.
