Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. Stocks rallied Friday after Federal Reserve Chairman Jerome Powell's dovish Jackson Hole speech. Powell said Friday, "The time has come for policy to adjust," laying the groundwork for the interest rate cuts that the market has been expecting to begin next month.
" Best Buy is set to report earnings before Thursday's opening bell. It could be the last bad quarter as we wait for new tech innovations to boost comparable sales in the back half of the year. The reported quarter may give us a better idea of whether AI-powered personal computer sales are off to a good start or not.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »