At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way, along with the kick they can give the economy and ...

The Fed chair's remarks come against a fraught background with elevated inflation and weak hiring complicating the governors ...

That is, Powell left himself "plenty of wiggle room" in terms of setting monetary policy, as he "walked a fine line" between the risks of tariffs increasing inflation and a weakening in the U.S. labor ...

A strong rally erupted on Friday on Wall Street shortly after Federal Reserve Chair Jerome Powell delivered a notably dovish ...

For much of this month, Wall Street traders piled into stocks and bonds, betting that the Federal Reserve was finally ready ...

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Powell tees ...

Wall Street traders dialed up bets on rate cuts Friday and tamped down their expectations of future volatility. Futures ...

Federal Reserve Chair Jerome Powell has been silent on the attacks from the White House and its allies. Don't be fooled by the headlines from Jackson Hole or the quick euphoria on Wall Street. The ...

U.S. stocks are ticking higher ahead of a highly anticipated speech about where interest rates may be heading.