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Dow Jones Today Climbs on Bullish Comments from Fed Chair Jerome Powell

The Dow Jones today is climbing as Federal Reserve Chair Jerome Powell downplayed worries about market volatility and indicated the Fed would maintain gradual interest rate increases.

Dow futures are down 53 points after a choppy morning of trading ahead of the 8:30 AM release of testimony to Congress.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...

Stocks

How We Called the Macy's Stock Price Crash Today

The Macy's stock price is trading near four-year lows after the company failed to meet Wall Street's expectations in Q1 2016.

The struggling retailer reported sales fell 7.4% for the first quarter of 2016.

While Wall Street may have been surprised, we already saw the writing on the wall. Find out how we predicted the Macy's stock price before anyone else saw it happening...