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Federal Reserve Chair Jerome Powell told investors on Friday "time has come for policy to adjust."
In response, stocks finished the week near record highs. The S&P 500 (^GSPC), the Nasdaq Composite (^IXIC), and the Dow Jones Industrial Average (^DJI) all rose more than 1% on the week. The S&P 500 is now within 1% of a record closing high.
But the market's rebound from August lows will be put to the test this week with a highly anticipated earnings release from AI leader Nvidia (NVDA) after the...
>>> Read more: Nvidia earnings highlight a busy end of August: What to know this week
In response, stocks finished the week near record highs. The S&P 500 (^GSPC), the Nasdaq Composite (^IXIC), and the Dow Jones Industrial Average (^DJI) all rose more than 1% on the week. The S&P 500 is now within 1% of a record closing high.
But the market's rebound from August lows will be put to the test this week with a highly anticipated earnings release from AI leader Nvidia (NVDA) after the...
>>> Read more: Nvidia earnings highlight a busy end of August: What to know this week