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Fed Chair Jerome Powell sparks a stock-market rally Friday, with his Jackson Hole speech opening the door to an interest rate cut in September.
The stock market was upbeat on Friday as investors digest Federal Reserve Chair Jerome Powell's speech at Jackson Hole. S&P ...
U.S. stocks rallied sharply on Friday after Federal Reserve Chair Jerome Powell signaled that interest rate cuts could be ...
Wall Street's main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled ...
U.S. stocks soar, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
The S&P 500 was 1.7% higher after Fed Chair Jerome Powell said in a speech at Jackson Hole that “with policy in restrictive territory, the baseline outlook and the shifting balance of risks may ...
Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...
Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...
NASDAQ rallied as traders reacted to Powell’s speech. Intel, which was up by 7%, was the biggest gainer in the NASDAQ index today. The stock gained ground as President Trump said that the U.S. will ...
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