US markets rally: Dow jumps 890 points and S&P nears record, Powell hints at possible Fed rate cuts
Wall Street saw a big jump as Jerome Powell hinted at possible interest rate cuts. The S&P 500 rose, nearing its record high. The Dow Jones also climbed, aiming for a new record. Tech stocks on the Nasdaq also advanced. Small-cap stocks and travel companies saw significant gains. Overseas markets in Germany and Asia also showed positive movement.🕒 1 min read
Wall Street saw a big jump as Jerome Powell hinted at possible interest rate cuts. The S&P 500 rose, nearing its record high. The Dow Jones also climbed, aiming for a new record. Tech stocks on the Nasdaq also advanced. Small-cap stocks and travel companies saw significant gains. Overseas markets in Germany and Asia also showed positive movement.
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