
Dow Continues Winning Streak; Nasdaq, S&P 500 Retreat From Record Highs

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US stock indexes showed mixed results, with the Dow Jones up 0.2% to 46,460.5, while the S&P 500 and Nasdaq fell 0.1% and 0.3%, respectively. Federal Reserve Chair Jerome Powell's speech indicated a "modestly restrictive" policy stance. The Q2 current account deficit narrowed to $251.31 billion, and manufacturing conditions dropped to a two-month low. Kenvue shares rose 3.9% after a dispute over Tylenol's safety, while Boeing shares increased 2.2% following an $8 billion deal. Treasury yields fell, and crude oil prices rose 2%.
