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Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in ...
Shares of affordable single-family home construction company LGI Homes (NASDAQ:LGIH) jumped 9% in the afternoon session after ...
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.
U.S. stocks soar, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
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 ...
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 ...
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. The blue-chip Dow (DJI) was the top ...
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 ...
What Happened in Markets Today Stocks roar back to life. Jerome Powell's speech in Jackson Hole raised hopes for interest rate cuts and drove stocks higher on Friday. That reversed what had been a r ...
(CNN) — Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome ...
(Reuters) -Wall Street’s main indexes ended higher on Friday, with the blue-chip Dow hitting a record closing high, as ...