 President Biden speaking there at an event marking NATO's 75th anniversary. Despite the commitment, the group's leaders resisted offering the country a path to membership. Well, turning to the markets now, Amy, the S&P 500 begins the day once again in record territory and ahead of day two of congressional testimony by Jay Powell. Yesterday, the Fed chair said officials are increasingly wary of potential risks to the labor market from high borrowing costs as they seek more evidence inflation is slowing down.