S&P 500, Nasdaq nab all-time closing highs as Powell soothes taper fears
S&P 500, Nasdaq nab all-time closing highs as Powell soothes taper fears
NEW YORK — Wall Street rallied on Friday, pushing the S&P and the Nasdaq to record closing highs for the fourth time this week, as U.S. Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium calmed fears over the tapering timetable and sent investors into the weekend in a buying mood. Read More