US stocks held steady on Tuesday as Wall Street awaited Chair Jerome Powell’s speech. The Dow nudged up nearly 0.3%, while the S&P 500 and Nasdaq hovered around the flatline. Stocks jumped on Monday for a third straight record-high close, led by Nvidia’s surge on an OpenAI deal. Powell’s speech and inflation index release are key focus points for the market. Gold climbed to a fresh record high as optimism for Fed rate cuts grows. Micron Technology’s earnings are also awaited, with analysts expecting a 40% sales jump. In other news, Kenvue stock rebounded after Trump’s comments linking Tylenol to autism, while Boeing is finalizing a ‘huge’ order with China. Gold reached new highs, and Plug Power stock extended its rally.

Shares of online real estate company Better Home & Finance soared 27% premarket on Tuesday after activist investor Eric Jackson called it the “Shopify of mortgages.” Plug Power stock continued its remarkable rally, climbing 11% premarket. Kenvue stock rebounded after Trump’s comments linking Tylenol to autism. Boeing is finalizing a ‘huge’ order with China. Gold reached new record highs, and Micron Technology’s stock rose ahead of earnings.

An order for 500 Boeing aircraft for China is in final negotiations and seen as a centerpiece of a potential US-China trade deal. Trump’s plane diplomacy could deliver another deal. Kenvue stock rose 5% premarket after Trump’s comments linking Tylenol to autism. Boeing stock rose 2% premarket on news of the potential deal with China. Micron Technology stock rose 1% premarket ahead of earnings. Gold reached new highs as traders were unfazed by Fed officials’ comments on monetary policy.

Read more at Yahoo Finance: Dow, S&P 500, Nasdaq hold near record highs with Powell on deck