Stock Market News: Dow Ends Higher
The Dow rallied 462 points, or 1.1%, on Friday following dovish remarks at the Jackson Hole conference. The S&P 500 rose 1.2%. The Nasdaq Composite led the big three with a gain of 1.5%, though all three were surpassed by the Russell 2000. Federal Reserve Chair Jerome Powell's dovish speech sent the dollar to a one-year low.