Tuesday Afternoon Links

[Reuters] Chip stocks, megacaps steer S&P 500, Nasdaq to record highs

[Yahoo/Bloomberg] Oil Swings as Powell’s Labor Comments Boost Rate Cut Optimism

[AP] Fed’s Powell highlights slowing job market in signal that rate cuts may be nearing

[Yahoo/Bloomberg] Powell Says More Good Inflation Data Would Boost Fed Confidence

[CNBC] Fed Chair Powell says holding rates high for too long could jeopardize economic growth

[AP] Rent inflation remains a pressure point for small businesses

[Reuters] France's election outcome 'negative' for credit rating, Moody's warns

[CNBC] Hedge funds post mediocre first-half performance with some big names only up single digits