The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.

The stock market keeps climbing even though expectations for Fed rate cuts are falling. That’s not what usually happens.

Trump’s tariffs and trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

The second-quarter earnings season has gotten off to a strong start this week, with 89% of the more than 75 companies on the S&P 500 that reported earnings topping earning-per-share forecasts and 79% exceeding sales estimates,

Wall Street is drifting toward the finish of its third winning week in the last four. The S&P 500 was flat Friday after setting its all-time high the day before.

With Wall Street's surge to record highs, the U.S. stock market looks nearly as expensive as ever, and investors are debating whether the lofty valuations are a bearish signal or justified by the technology-heavy market's profit outlook.

The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.

President Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve

CarMax, which sells vehicles both online and in-person, may also be in for a strong second half of the year, argued Michael Albanese of Benchmark Equity Research, who initiated coverage of the stock with a Buy rating and a $75 price target on Thursday. CarMax shares were down 0.2% to $62.16 on Friday.