Dow Marks First Record Close of 2025; S&P 500, Nasdaq Soar After Powell's Jackson Hole Speech; Palantir, Walmart, Nvidia, More Movers

business • 8/22/2025

The Dow, S&P 500, and Nasdaq soared after of Fed Chair Jerome Powell's speech at Jackson Hole.

The Dow Jones Industrial Average marked a record close on Friday, its first in 2025. Small-cap stocks and Treasuries also rallied, as investors got the clearest indication yet from Federal Reserve Chair Jerome Powell that the central bank could cut i... [2378 chars]