Key TakeawaysThe S&P 500 added 1% on Wednesday, July 10, 2024, posting its sixth straight record close as Fed Chair Jerome Powell provided a boost to rate-cut expectations.Shares of lithium producer Albemarle clawed back recent losses amid anticipation of an eventual recovery in slumping lithium prices. Shares of auto sellers CarMax and Carvana both climbed. Deckers Outdoor shares tumbled after a report showed a June slowdown in sales of its Hoka and Ugg footwear brands. Major U.S. equities indexes climbed ...