Dow soars over 700 points after Powell’s Jackson Hole speech, on track to blow past all-time high

fortune.com/2025/08/22/dow-soars-over-700-points-after-powells-jackson-hole-speech-on-track-to-blow-past-all-time-high

Wall Street is rallying on Friday after the head of the Federal Reserve indicated the cuts to interest rates that investors and President Donald Trump have been craving so much may be coming soon, though he gave no clear clue about when.
The S&P 500 jumped 1.4% and erased all of its loss…

This story appeared on fortune.com, 2025-08-22 15:12:10.
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