Wall Street surges as Powell cements September rate cut hopes

Fed’s Powell says ‘time has come’ to cut interest rates Small caps, regional banks surge Workday jumps after Q2 revenue beat, $1 bln share buyback plan Indexes up: Dow 0.90%, S&P 500 0.88%, Nasdaq 1.21% NEW YORK, – U.S. stocks rallied on Friday as dovish remarks from U.S. Federal Reserve Chair Jerome Powell solidified expectations … Read more