The Dow finished Friday’s session with a monster move, jumping 846 points to close at a record high of 45,631.74, after Federal Reserve Chair Jerome Powell said the central bank could start cutting rates next month.

The stock market was upbeat on Friday as investors digest Federal Reserve Chair Jerome Powell's speech at Jackson Hole. S&P 500 (SP500) +1.3%, the Dow (DJI) +1.5%, and the Nasdaq Composite (COMP:IND) +1.

A steep slide in shares of semiconductor companies was dragging on the Nasdaq Composite on Tuesday afternoon, putting the tech-heavy index on track for a rare underperformance versus the Dow Jones Industrial Average.

The Dow Jones index closed slightly in positive territory. Nvidia, Palantir both sank Tuesday. A manufacturing services name sold off.

Walmart helped pull Wall Street to its fifth straight loss Thursday. The post Dow Drops 153, Nasdaq Sinks 73, S&P 500 Slips 26 appeared first on TV News Check. The post Dow Drops 153, Nasdaq Sinks 73,

U.S. stocks finished mostly lower on Tuesday, after a selloff in megacap technology names weighed on the three major indexes ahead of the Federal Reserve’s annual economic symposium in Jackson Hole, Wyo.

T he Dow Jones Industrial Average slipped into negative territory while a steeper fall for the Nasdaq put it below a key level in afternoon trade Wednesday. Several retail stocks moved on earnings, and artificial intelligence software maker Palantir Technologies PLTR was driving toward its sixth straight loss on the stock market today.