US stocks ended mixed as the Dow hit a record closing high driven by healthcare and consumer gains, while tech and chip stocks lagged. Banking shares fell after JPMorgan flagged higher expenses, and Zscaler dropped on weak guidance. Goldman Sachs raised its S&P 500 forecast to 8,000 amid strong earnings outlook.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026