The S&P 500 started the second half of 2024 with a positive performance, rising by 0.27%. This growth was driven by tech stocks, with the tech-heavy Nasdaq Composite gaining 0.83% to close at a record high.
Federal Reserve Chair Jerome Powell is scheduled to speak at the European Central Bank Forum on Tuesday at 9:30 a.m. ET. He will participate in a policy panel alongside ECB President Christine Lagarde and Roberto Campos Neto, Governor of Brazil's central bank. The discussion will be moderated by CNBC's Sara Eisen.
The Nasdaq Composite recently gained 0.83% to close at a record high.