Dow soars more than 800 points into record territory as Powell hints at rate cut

August 22, 2025 2

Dow soars more than 800 points into record territory as Powell hints at rate cut

Stocks surged higher on Friday as Federal Reserve Chair Jerome Powell signaled an interest rate cut could be on the way.

Dow soars more than 800 points into record territory as Powell hints at rate cut Stocks surged higher on Friday as Federal Reserve Chair Jerome Powell signaled an interest rate cut could be on the way. Read More Breaking News, Latest News and Videos | CNN

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