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 ...

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 ...

Shares of enterprise software company Workday (NASDAQ:WDAY) fell 3.6% in the afternoon session after the company reported ...

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

The Dow Jones and S&P 500 jumped Friday to record highs on Fed chief Jerome Powell's dovish Jackson Hole speech.

Looking ahead, Walmart guided for net sales to grow between 3.75% to 4.75% for the fiscal year, up from its previous ...

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 ...