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Dow closes at record high after Powell opens door to rate cut in Jackson Hole speech
The U.S. stock market closed sharply higher Friday, as investors cheered the potential for interest rate cuts following Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium.
Dow Jones futures are showing a 0.20% decline a few hours ahead of Monday's opening. Wall Street is likely to show some correction after the sharp rallies triggered by Fed Powell's Dovish turn.
Dow, S&P 500, and Nasdaq futures are slipping in premarket trading after a stock market rally the previous session on Fed Chair Jerome Powell's comments about interest-rate cuts.
In his Jackson Hole speech, Fed Chair Jerome Powell opened the door to more rate cuts, sending stocks surging. All three of ...
A wobble in U.S. technology shares has raised the stakes for Nvidia Corp's quarterly results on Wednesday, with earnings from ...
Builders FirstSource and other home building stocks jump as Federal Reserve Chairman Jerome Powell signals interest-rate cuts ...
Market participants will monitor the key US economic data, including the first revision for second quarter Gross Domestic ...
U.S. stock market futures were mixed Friday ahead of a pivotal speech from Fed Chair Jerome Powell in which the central bank ...
Wall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be ...
The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
2don MSN
Wall Street soars on hopes for lower interest rates as the Dow surges 846 points to a record
U.S. stocks are ticking higher on Friday ahead of a highly anticipated speech about where U.S. interest rates may be heading.
Shares of NVIDIA Corp. and Amazon.com Inc. are trading lower Wednesday morning, dragging the Dow Jones Industrial Average into negative territory.
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