 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 points, the Nasdaq up 149, S&P 500 up 34, and closing above the 5,500 level for the first time. Shares of Tesla jumped more than 10% after the EV pioneer surprised investors by reporting second quarter deliveries that beat expectations.