The Dow and S&P 500 climbed to new records today, headed for their best week in a year after Donald Trump’s election win.

Stocks also got a boost from the Fed this week, as the central bank lowered interest rates by a quarter point on Thursday.

Fed Chair Jerome Powell noted he is “feeling good” about the economy during a press conference following the change.

We’ll tell you all you need to know today.

The Fed approved its second consecutive interest rate cut today, moving at a less aggressive pace than before but continuing its efforts to rightsize monetary policy.

We’ll break down what it all means for both markets and your money, right up until Fed Chair Jerome Powell’s press conference.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.