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U.S. stocks surged after Jerome Powell's Jackson Hole remarks boosted hopes for a Fed rate cut with airlines, oil services and housing stocks leading the gains.
Jay Powell set the stage for a reduction in borrowing costs but jobs and inflation reports could get in the way ...
Audio clip of Jay Powell Significantly higher tariffs across our trading partners are remaking the global trading system. Tighter immigration policy has led to an abrupt slowdown in labour force ...
Asian markets kicked off the week with a rally Monday morning, tracking gains made by Wall Street on Friday after the US ...
Nvidia's size, it's the biggest weight in the S&P 500 at almost 8%, and its position at the center of AI development have ...
Wall Street's faith in the staying power of AI as an investment thesis will be put to the test when Nvidia reports quarterly ...
Investors are betting the Federal Reserve will resume interest-rate cuts in September, nine months after its last reduction in December 2024. Such a long pause could be particularly bullish for ...
The chipmaker’s numbers could signal if the AI trade still has legs. Post-Jackson Hole, the Fed’s favorite inflation gauge ...
Wall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be ...
As the markets brace for Fed Chair Jerome Powell’s speech at Jackson Hole, uncertainty continues to hang over the direction ...