At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.

The EV-maker's stock led gains for the Magnificent Seven during the broad market rally, rising 6.2%. Alphabet picked up 3.2%.

Builders FirstSource and other home building stocks jump as Federal Reserve Chairman Jerome Powell signals interest-rate cuts ...

US stocks raced higher on Friday after Federal Reserve chair Jerome Powell hinted that an interest-rate cut could be on the ...

Dow Jones futures rose slightly Friday morning, along with S&P 500 futures and Nasdaq futures, with investors awaiting Fed chief Jerome Powell's Jackson Hole speech. Nvidia, Google and Meta Platforms ...

Enterprise storage is evolving fast with HPE and Nvidia's AI-optimized collaboration, unlocking data value and boosting ...

U.S. equities rebounded sharply on Friday, breaking a five-day losing streak, as Federal Reserve Chair Jerome Powell’s Jackson Hole speech struck a more dovish tone than markets anticipated. At midday ...

Stocks surged Friday as investors breathed a huge sigh of relief after Federal Reserve Chair Jerome Powell indicated that interest rates could be cut.

U.S. equities took off at midday as Fed Chair Jerome Powell indicated interest-rate cuts may be appropriate now.

U.S. stocks rallied sharply on Friday after Federal Reserve Chair Jerome Powell signaled that interest rate cuts could be ...

Wall Street is counting down to Federal Reserve Chair Jerome Powell's highly anticipated speech at Jackson Hole.