 The major averages ending higher with both the Nasdaq and S&P 500 posting record closes. Markets will have a shortened trading session on Wednesday and will be closed Thursday for the 4th of July holiday. Tech stocks were the biggest gainers with Amazon, Apple and Microsoft notching new record closes. Investors digested Fed Chair Jerome Powell's latest comments that inflation is back on a downward path, but that it's still too soon for the central bank to make a move on interest rates. The Dow up 162%.