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Fed Chair Jerome Powell seems ready to cut interest rates in the fall but will still rely on incoming economic data about inflation and employment.
The Dow Jones Industrial Average finished a week of strong gains with a record close Friday afternoon as Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Economic Symposium raised ...
Stocks soared on Friday after Federal Reserve Chair Jerome Powell signaled the central bank may be ready to resume cutting interest rates at its next policy meeting in September.
Aug 22 (Reuters) - 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 ...
Wall Street is holding relatively steady ahead of a highly anticipated speech about where U.S. interest rates may be heading.
Oracle Corp. closed 9.39% below its 52-week high of $260.87, which the company reached on July 31st.
U.S. stocks soar, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
(CNN) — Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome ...
Wall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be ...
Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest r ...
Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance assessed one day earlier, according to CME FedWatch Tool, a measure of market ...
The stock market closed at record highs Friday after Federal Reserve Chair Jerome Powell sparked confidence in a September rate cut among Wall Street traders. The Dow Jones Industrial Average rose ...