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Stock market today: Dow jumps 800 points to record, S&P 500, Nasdaq soar as Powell's Jackson Hole finale fuels bets on September rate cut

Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in September.

Stocks climb after Powell hints at potential rate cut at Jackson Hole

Wall Street rallied on Friday morning after Federal Reserve Chair Jerome Powell's signaled a rate cut could be on the horizon.

Bloomberg Surveillance: Jackson Hole Reaction

The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment.

Jerome Powell tells Jackson Hole ‘balance of risks’ tilting toward a rate cut

Powell’s speech comes amid unprecedented pressure from the White House aimed at getting the central bank to lower borrowing costs.

Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says

If inflation starts climbing again after a rate cut, “the Fed will have to reverse course — and in the worst case, start hiking again,” Slok said.

A survey of pre-Jackson Hole views shows contradictions between what they expect and how they're positioned

Brent Donnelly of Spectra Markets ran a sizeable survey of expectations for Fed Chair Jerome Powell's speech, and of the 473 responses, 51% expect a neutral-to-boring outcome and 43% see a hawkish tint.
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