Showing posts with label NASDAQ. Show all posts
Showing posts with label NASDAQ. Show all posts

Saturday, August 23, 2025

Dow Jones Industrial Average closes at new record high Friday Aug 22 after Powell throws red meat


 

 Dow surges more than 800 points to post record close as Powell speech fuels rally: Live updates

The Dow Jones Industrial Average rallied to an all-time high Friday after Federal Reserve Chair Jerome Powell signaled the central bank could begin easing monetary policy next month.

The Dow climbed 846.24 points, or 1.89%, reaching a fresh high and closing at a record level of 45,631.74.

The S&P 500 rose 1.52% to end at 6,466.91. At its session high, the broad market index came within three points of its record.

The Nasdaq Composite gained 1.88% and settled at 21,496.53. ...