US stocks closed at fresh record highs on Friday after a dovish June jobs report. The gains were led by the technology sector, with the Nasdaq 100 closing up nearly 1%, while the S&P 500 rose about a half-percent. Both indexes finished the week at record highs, while the Dow Jones Industrial Average has yet to hit its record high reached in May.

The dollar slipped on Tuesday in thin, choppy trading after Federal Reserve Chair Jerome Powell struck a moderately dovish tone in his comments, suggesting that the U.S. central bank is more than likely to start its easing cycle later this year.

Nikola Corp.’s stock rose 3.2% on Tuesday to rebound from record lows, after the EV maker said it wholesaled 72 Class 8 Nikola hydrogen-fuel-cell trucks in the second quarter and added new customers including Walmart Canada.

The S&P 500 neared a new record high as stocks were propelled by dovish remarks from Jerome Powell, as well as new signs of a cooling labor market.

Stocks are closely tracking Treasury bond yields following a solid start to the third quarter and ahead of a key labor-market reading later in the session.

The U.S. stock market just scored a gangbusters first half of the year. If history is a guide, Wall street could be in for another robust six months, according to Comerica Wealth Management. Since 1990,

Fed Chairman Jerome Powell will speak Tuesday at a central bank forum, while investors await the latest JOLTS report.

Stocks struggled to get off the ground Tuesday as volume thinned out ahead of the holiday. As a reminder, the stock and bond markets will close early tomorrow and remain closed Thursday for the Fourth of July.