US actions recovered on Friday after President of the Jerome Powell Federal Reserve He said in his speech as Jackson Hole that the Central Bank could reduce interest rates as soon as September.
The Dow Jones Industrial Avenge increased almost 2%, reaching an intradic record. The S&P 500 won around 1.6%, and the Nasdaq Composite advanced 1.9%, with technological actions that recovered after a difficult week driven by doubts about the AI ​​trade.
Powell said that the perspective of Fed and risk balance can justify the adjustment policy, while noting that inflation pressures linked to tariffs are now clearly visible. Their comments sharply changed market expectations: merchants increased the probability of a September rate cut to more than 90%, compared to approximately 70% before the day.
Treasury yields fell after the speech, with 10 years and 30 years. Bitcoin and Ethereum also uploaded, extending profits in digital assets.
In Washington, President Donald Trump renewed his criticisms of the Fed, asking Governor Lisa Cook to resign for alleged mortgage fraud. Trump said he would say goodbye if she does not give up, although the presidents have no direct power to say goodbye to the governors of the Fed.
Also read: Merchants have gold at $ 3,320 before Powell speaks on tariffs
Profit reports also transferred individual actions. Zoom Rose After highlighting the growth linked to the new characteristics of AI, Ross Stores advanced as consumers turned to discount retailers, while Intuit and Workday decreased after the results.
Stay with us for live updates while markets respond to Powell’s comments, bond yields and profits during the negotiation day.
(Tagstotranslate) Live updates of the Securities Market (T) Dow Record High Powell Fed Cut (T) Nasdaq S & P 500 Live Type (T) Jackson Hole Fed September September
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