S&P 500, Dow Build on Records as Investors Shake Off Fed Worries

Core Viewpoint - The stock market showed resilience as the S&P 500 and Dow Jones Industrial Average continued to reach record highs, despite initial concerns regarding the Federal Reserve's situation [1][2]. Market Performance - The Dow Jones Industrial Average increased by 86 points, or 0.2%, while the S&P 500 also rose by 0.2%, and the Nasdaq Composite gained 0.3% [2]. Initial Market Reaction - The trading day started with declines in U.S. stocks, bonds, and the dollar following comments from Federal Reserve Chairman Jerome Powell about receiving grand jury subpoenas and a potential criminal indictment from the Justice Department [3].