 All across America, this is the Lou Dobbs Business Report. I'm Ryan Lang, in for Lou Dobbs. Fed news sending stocks higher. Apple hits an intraday high. Tesla still rallying. Stocks climbing today after more positive inflation news from Fed Chair Jerome Powell. The Dow Jones Industrials up 162 points. The S&P up 33 points. The Nasdaq up 149 points. Powell satisfied with progress on inflation this past year. Still says he needs more before rate cuts can start.