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Stock Market News From Aug. 22, 2025: Dow Marks Record Close After Powell's Jackson Hole Speech Barron'sStock 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 Yahoo FinancePowell suggests rate cuts are coming — but not because Trump demanded them CNNJerome Powell Suggests Fed Will Soon Cut Interest Rates in Jackson Hole Speech The New York Times
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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 investment prices.
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Investors' expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields.
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In a CNBC interview, the policymaker did not share the market's enthusiasm for a cut.
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