Dow closes at record high as Powell signals Fed to remain accommodative

Xinhua/Wang Ying/ Getty ImagesThe Dow Jones Industrial Average closed at record highs on Wednesday as Federal Reserve Chairman Powell signaled that the Fed will continue to remain accommodative. Powell wrapped up his second day of testimony to Congress and said the economy still needs support given that the unemployment rate and inflation has yet to reach the Fed's target.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The Dow closed at record highs on Wednesday aft