Stock Market Today Dow to eke out record close SP 500 flat and Nasdaq declines as investors digest Fed Chair Warshs remarks ADP signals steadying labor market MarketWatch

Treasury Secretary Scott Bessent says the Federal Reserve should drastically slash rates. Wall Street isn’t so sure.

Follow all the latest U.S. market action for Monday here.

Initial jobless claims layoffs remained low in the most recent week, showing signs of more stability in the labor market. Claims rose by 1,000 to 200,000 in the week ended…