US EditionStock Market Today: Dow Jones Index Rises Ahead Of Big Powell Speech; Nvidia Falls On AI Chip News (Live Coverage)
7 Articles
7 Articles
Donald Trump has repeatedly called for interest rate cuts, now the head of US Federal Reserve Fed seems ready to do so - but on the basis of important economic indicators. US banks react euphorically.
U.S. shares rose on Friday, with all the sights on the speech by Federal Reserve President Jerome Powell at Jackson Hole's symposium. The Dow Jones Industrial Average (^DJI) advanced about 0.6%, while the S&P 500 (^GSPC) rose by 0.3%. The Nasdaq Composite (^IXIC), with its great technological weight, also had a slight advance of almost 0.1%. These gains occur after another day down for shares on Thursday. Despite the rebound, the major U.S. indi…
At the end of the session, the Dow Jones index (+1,89%) struck its maximum December, reaching 45,631,74 points. The Nasdaq index won 1,88%, for the 21,496 points, and the S&P 500 index advanced 1,52%, for the 6,466 points. "All eyes were placed in Mr Powell's speech, whose main conclusion was that it was more satisfactory than expected," noted the French-Presse agency (AFP) Angelo Kourkafas, of Edward Jones. Since the conference of central banke…
Markets reacted to encouraging comments from Fed Chairman Jerome Powell
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
