, coming off of Federal Reserve Chair Jerome Powell's remarks about September interest rate cuts in his Jackson Hole Economic Symposium speech from this morning. All three major averages capped the week off in positive territory over the past five trading sessions.Over time, let's see where the major averages ended the session.That's a game of 462 points.I do think it is worth noting that even though the NASDAQ gain the most today, the S and P equal weight also kept pace.
A lot of those sectors that are dependent on the state of interest rates doing well on the heels of this.
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Stock market today: Nasdaq leads US futures higher ahead of Powell's Jackson Hole speechInvestors are bracing for a pivotal speech by Fed Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of...
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Stock market today: Nasdaq leads US futures higher as Powell waits in the wingsInvestors are bracing for a pivotal speech by Fed Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of...
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Stock market today: Nasdaq leads stocks higher as Powell waits in the wingsInvestors are bracing for a pivotal speech by Fed Chair Jerome Powell that is likely to shape expectations on policy, the economy, and the future path of...
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Stock market today: S&P 500, Nasdaq, Dow rise as wait for Powell beginsInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
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Nasdaq falls, stocks prepare for Fed Chair Powell's commentsAll three of the US major averages (^DJI, ^IXIC, ^GSPC) clocked out of Thursday's session in negative territory, the Nasdaq Composite even falling by 1.67%. ...
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