Fed's Cook: 'Magnificent seven' stocks could be stability threat

Federal Reserve Gov. Lisa Cook said in a speech Monday the central bank is monitoring record highs in the stock market to see if it proves to be a bubble.

Fed's Cook: 'Magnificent seven' stocks could be stability threat
Federal Reserve Gov. Lisa Cook said in a speech Monday the central bank is monitoring record highs in the stock market to see if it proves to be a bubble.