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Wall Street, Jerome Powell and Dow

The Associated Press on MSN · 23h

Wall Street soars on hopes for lower interest rates as the Dow surges 846 points to a record

Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way, along with the kick they can give the economy

Detroit Free Press · 9h

Powell hints at interest rate cuts and Wall Street cheers with big rally

Speaking at the annual Jackson Hole symposium, Powell said that with policy still restrictive and job market data weakening, the Fed could soon pivot.

Reuters on MSN · 22h

Dow notches record high as Wall Street cheers Powell's speech

Wall Street's main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as investors piled into stocks after U.S. Federal Reserve Chair Jerome Powell hinted at a near-term interest-rate cut during his Jackson Hole Symposium speech.

2h

Powell's Dovish Tone Sparks Wall Street Rally, S&P 500 Rebounds From Losing Streak

The financial world was abuzz on Friday as Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut in ...

1d

Wall Street Roundup: Markets Celebrate Powell's Jackson Hole Comments

Reactions to Jerome Powell's comments at Jackson Hole. Walmart, Home Depot and retail earnings. Palantir declines.

1hon MSN

Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says

Another contested meeting would mark further deviation from the Fed's traditional consensus-driven decision-making process.

2don MSN

Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here's what Wall Street expects

Powell is set to deliver what almost certainly will be his last keynote address at the central bank's annual conclave.

1d

Powell Takes Center Stage, With Wall Street and Washington Watching

The Fed chief is expected to address inflation, interest rates and the economy in his speech on Friday. Will he also confront ...

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