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Dow Jones Today: Stocks Soar After Fed Chair Powell Opens the Door to Interest Rate Cuts; Dow Jumps 900 Points to Record High

Stocks surged Friday as investors breathed a huge sigh of relief after Federal Reserve Chair Jerome Powell indicated that interest rates could be cut.

Dow surges 900 points as Powell’s speech was ‘music to the market’s ears’

U.S. stocks were rallying midday Friday on Federal Reserve Chair Jerome Powell’s Jackson Hole speech, as traders seemed more ...
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Stock Market Today: Dow Jones Surges To All-Time High On Rate Cut Hopes; Nvidia, Palantir Jump (Live Coverage)

The Dow Jones soared to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.