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Dow closes at record high after Powell opens door to rate cut in Jackson Hole speech
The U.S. stock market closed sharply higher Friday, as investors cheered the potential for interest rate cuts following Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium.
The blue-chip index fell 0.8%, weighed down by falling shares of Merck and Amgen.
With earnings season continuing, Nvidia, the most valuable stock in the S&P 500, reports results after the closing bell on ...
Wall Street trades mixed on Monday, easing back after a strong rally that drove the Dow to a record close on Friday in the ...
A blistering cross-asset rally drove the Dow Jones Industrial Average to close at an all-time high for the first time since ...
A strong rally erupted on Friday on Wall Street shortly after Federal Reserve Chair Jerome Powell delivered a notably dovish ...
The Dow ( DJI) on Friday advanced +1.89% to end at 45,631.74 points. Its previous record close was 45,014.04 points notched ...
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