US Stocks Hit New Highs as Warsh Takes Office, Nvidia Gains for Seventh Day, Cerebras Surges in Debut
TradingKey - On May 14, Eastern Time, the three major U.S. stock indices closed higher across the board, with the Nasdaq and S&P 500 both hitting record highs. The Dow Jones Industrial Average closed above the 50,000 mark for the first time in three months. On the same day, Kevin Warsh officially succeeded Jerome Powell as Chair of the Federal Reserve, ushering in the Fed's "Warsh Era."
TradingKeyFri, May 15