Wall Street cheered remarks from Federal Reserve Chair Jerome Powell in Jackson Hole opening the door to a rate cut in September.

The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an upbeat tone on a September interest-rate cut.

If the S&P 500 breaks below 6,200, that's a sign the stock market may be headed for a more serious decline, Bank of America said.

Fed Chair Jerome Powell seems ready to cut interest rates in the fall but will still rely on incoming economic data about inflation and employment.

The Dow Jones Industrial Average was on track for its first record close since December on Friday after Federal Reserve Chair Jerome Powell opened the door to a September rate cut, sparking a broad stock-market rally.

The Dow Jones Industrial Average and other major stock indexes traded higher Friday as Wall Street braced for a critical monetary policy speech from Federal Reserve Chairman Jerome Powell. Meanwhile,

Stock futures are pointing to a lower open for major indexes on Thursday as investors prepare for tomorrow's highly anticipated speech from Federal Reserve Chair Jerome Powell.

Oracle Corp. closed 9.39% below its 52-week high of $260.87, which the company reached on July 31st.