S&P 500 – Page 8 – One America News Network

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. US Federal Reserve Chair Chair Jerome Powell said on August 23 that the "time has come" for the US to start cutting interest rates, adding that his "confidence has grown" that the battle against inflation is on track. "The time has come for policy to adjust," he said in a keynote speech at the Jackson Hole Economic Symposium in Wyoming, according to prepared remarks. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

Dow Surges 400 Points as Wall Street Cheers Powell’s Fed Rate Cut Announcement

Wall Street’s stock indexes increased substantially on Friday, with the S&P 500 index climbing towards a record high, after Federal Reserve Chair Jerome Powell said “the time has come” to reduce interest rates.

SAN RAFAEL, CALIFORNIA - MARCH 08: Home Depot customers walk by a posted now hiring sign on March 08, 2024 in San Rafael, California. According to a report from the Bureau of Labor Statistics, the U.S. labor market added 275,000 nonfarm payroll jobs in February, beating analyst expectations of 200,000. The unemployment rate inched up to 3.9% from 3.7% in January. (Photo by Justin Sullivan/Getty Images)

Report: 818K Less Jobs Were Created By Biden Admin., Calling For Concerns About The Economy

U.S. job expansion over the 12 months ending in March was overestimated by a staggering 818,000 on Wednesday, which is a worrisome sign that the economy has continued to slow down.

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 7, 2024. REUTERS/Brendan McDermid/File Photo

Wall St little unchanged as investors await Fed cues

Markets have been choppy after the S&P 500 and the Nasdaq extended gains to an eighth straight session on Monday.

NEW YORK, NEW YORK - AUGUST 14: Traders work on the floor of the New York Stock Exchange (NYSE) on August 14, 2024 in New York City. According to the Bureau of Labor Statistics’ latest CPI report, consumer prices rose 2.9% in July, slowing from June’s 3% annual gain. (Photo by Spencer Platt/Getty Images)

Wall Street: Dow Surges 500 Points And Tesla Stock Jumps Over 6%

The Dow jumped over 500 points and the Nasdaq increased 2% on Thursday as retail sales data indicated resilient consumer spending, somewhat calming fears of a possible recession.