From NASDAQ:

– U.S. stocks set for muted open after record highs; focus on jobs data and Fed Chair Powell’s testimony.
– Nasdaq hits all-time high, S&P 500 on record-breaking rally, BofA raises year-end target to 5,400.
– Powell to testify, market eyes rate cuts, June-July rate cut expectations high at 70.5%-89%.
– Nvidia climbs, Apple hit with $2B EU antitrust fine, Super Micro Computer jumps into S&P 500.
– Macy’s jumps after Arkhouse, Brigade raise buyout bid, crypto stocks soar after bitcoin hits $65,000 high.



Read more at NASDAQ: US STOCKS-Wall St eyes muted open after record-breaking rally; economic data on tap