DiscoverSchwab Market Update AudioPowell Power: Stocks at 1-Month High on Rate Hopes
Powell Power: Stocks at 1-Month High on Rate Hopes

Powell Power: Stocks at 1-Month High on Rate Hopes

Update: 2024-08-23
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Fed Chairman Powell's remarks fueled a broad rally and sent Treasury yields down. Rate-sensitive small caps, EVs, and homebuilders got the most traction. Nvidia reports next week.

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Powell Power: Stocks at 1-Month High on Rate Hopes

Powell Power: Stocks at 1-Month High on Rate Hopes

Keith Lansford