Stock market today: Dow jumps, Nasdaq slips as stocks regroup in wait for Powell

US stocks diverged Tuesday after another record-setting day, as Wall Street waited for the first speech from Chair Jerome Powell since the Federal Reserve started cutting interest rates again. The Dow Jones Industrial Average (^DJI) jumped around 0.7%. The S&P 500 (^GSPC) hovered around the flatline, and the tech-heavy Nasdaq Composite (^IXIC) lost 0.3%. Stocks jumped on Monday to clinch a third straight day of record-high closes, lifted by optimism that the AI trade and further Fed policy easing will c ...