A surge in trading on Wall Street is continuing on Friday sending the Dow and S&P 500 to new intraday highs.

Any gains at the end of the day for those indexes will set new closing records. The Dow Jones Industrial Average, closed above 27,000 for the first time on Thursday.

Investors continue to remain optimistic that the Federal Reserve will cut interest rates at the end of July after Chairman Jerome Powell signaled as much during two-days of hearings on Capitol Hill.

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Lee Stranahan breaks down the power play and the corruption running rampant in American Politics.

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