US markets today: Wall Street steady near record highs, Boeing, Kenvue support gains; gold price soars above $3,800

US stock indexes held near their record highs on Tuesday as Wall Street paused following a relentless rally, with mixed sector movements and continued investor focus on Federal Reserve policy.The Dow Jones Industrial Average rose 146 points, or 0.3%, while the S&P 500 was virtually unchanged and the Nasdaq composite dipped 0.1% in early trading, AP reported. All three indexes were coming off their latest all-time highs set on Monday.Shares of Nvidia fell 1.3% after giving back gains from the previous day’s announcement of a partnership with OpenAI to build out data centers. In contrast, Boeing gained 1.8% following news that Uzbekistan Airways agreed to buy 14 of its Dreamliner airplanes, with an option to add eight more.Kenvue jumped 5.6%, recovering losses from Monday after concerns arose over a Tylenol warning by President Donald Trump, which the company has disputed.Gold continued its record-breaking surge, topping $3,800 per ounce and marking roughly a 45% gain so far this year, outperformingUS equities. Analysts attribute the rally to expectations of further Fed interest rate cuts, rising debt levels, and inflation concerns.

Fed Chair Jerome Powell is scheduled to speak later in the day, delivering his first public remarks since the central bank cut its main interest rate last week. Officials had indicated more cuts may follow through the end of 2025 and into 2026, though Powell cautioned that conditions could change rapidly.Treasury yields eased slightly, with the 10-year yield falling to 4.13% from 4.15% late Monday. Overseas, markets saw mixed trends, with France’s CAC 40 rising 0.9% and Hong Kong’s Hang Seng falling 0.7%. Japan’s market remained closed for a national holiday.