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News

Powell, Wall Street and Dow

Benzinga · 3h
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 September, sparking a significant rally on Wall Street.
Seeking Alpha on MSN · 1d
Dow notched a record close as Wall Street rallied on Powell’s Jackson Hole remarks
Wall Street ended higher on Friday with the Dow closing at a record high after investors welcomed Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole.
Reuters on MSN · 23h
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.
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 ...
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.

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