The Latest: Markets end up after Powell hints at rate cut

WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell’s presentation of the Fed’s semi-annual monetary report to Congress. (all times local)
7:20 p.m.
Testimony by Chairman Jerome Powell to a House Committee about the economic outlook led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates. The S&P 500 index briefly traded over 3,000 for the first time.
Expectations of a pending