Major U.S. indices ended higher on Wednesday, with the Dow Jones Industrial Average increasing by 1.1% to 39,271.36, the S&P 500 gaining nearly 1% to reach 5,633.91, and the tech-heavy Nasdaq climbing 1.2% to 18,647.45. On Wednesday, Federal Reserve Chair Jerome Powell outlined the conditions needed for the central bank to lower rates during his Congressional testimony, emphasizing the necessity for sustained inflation reduction towards 2% and considering potential labor market weaknesses. These are the top stocks that gained the attention of retail traders and investors throughout the day: Pa…
