The Dow Jones soared to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.

A blistering cross-asset rally drove the Dow Jones Industrial Average to close at an all-time high for the first time since December as the staid blue-chip gauge finally caught up to the riskier corners of the stock market.

The prospect of interest-rate cuts sparked broad gains in stocks.

The Dow Jones Industrial Average was on track for its first record close since December on Friday after Federal Reserve Chair Jerome Powell opened the door to a September rate cut, sparking a broad stock-market rally.

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Berkshire Hathaway and the Dow Jones Industrial Average have some overlap on stocks that are held in both investment portfolios.

U.S. stocks were rallying midday Friday on Federal Reserve Chair Jerome Powell’s Jackson Hole speech, as traders seemed more optimistic that the Fed may cut interest rates next month. The Dow Jones Industrial Average was up almost 907 points,

US Stock Market Today slipped into caution on Thursday as the Dow Jones fell 230 points, the S&P 500 marked its fifth straight loss, and the Nasdaq ended slightly weaker. The days biggest shock came from Walmart earnings,

Dow ETFs vary widely, giving investors choices between stability, income generation or leverage keyed to the index.

The Dow Jones Industrial Average was back in the green again following choppy trading on Wednesday, with shares of Travelers Cos. Inc. and Walmart Inc. contributing the most to the index's rise. The Dow was up 83 points,