Fed chief Powell's dovish speech triggered a big Friday rally, with the S&P 500 and Dow Jones hitting new highs and several stocks flashing buy signals. Nvidia earnings loom.

The Dow finished Friday’s session with a monster move, jumping 846 points to close at a record high of 45,631.74, after Federal Reserve Chair Jerome Powell said the central bank could start cutting rates next month.

Fed Chair Jerome Powell sparks a stock-market rally Friday, with his Jackson Hole speech opening the door to an interest rate cut in September.

The Dow Jones Industrial Average rose 846 points to a new record, the S&P 500 jumped 1.5%, and the Nasdaq composite rose 1.9%. Poor job numbers this month added fuel to the speculation that Powell could cut rates for the first time in months. President Donald Trump has often angrily prodded Powell to do so and threatened his job.

U.S. stock futures drifted lower Friday as investors awaited Federal Reserve Chair Jerome Powell’s keynote at the Jackson Hole symposium, the central event of the week. Meanwhile, Nvidia faces production challenges for its key H20 chips,

Palantir shares dropped as low as 142.34 in intraday trades Wednesday, putting the stock nearly 24% below a closing high of 186.97, reached on Aug. 12. Since that date, the stock has embarked on what could well be a six-session losing streak by Wednesday's close.

Wall Street steadied Wednesday after Nvidia, Palantir and other AI stars trimmed their losses. The post Dow Adds 16, Nasdaq Falls 142, S&P 500 Drops 16 appeared first on TV News Check. The post Dow Adds 16,

U.S. stock futures showed little movement Thursday as investors prepared for the start of the Federal Reserve’s Jackson Hole symposium and awaited new labor market data. Attention also turned to Walmart,

U.S. stocks finished mostly lower on Tuesday, after a selloff in megacap technology names weighed on the three major indexes ahead of the Federal Reserve’s annual economic symposium in Jackson Hole, Wyo.