US stocks test record highs as Powell says 'the time has come for policy to adjust'
"We do not seek or welcome further cooling in labor market conditions," Fed chairman Jerome Powell said in his speech at Jackson Hole.
"We do not seek or welcome further cooling in labor market conditions," Fed chairman Jerome Powell said in his speech at Jackson Hole.
– Mexico stocks were higher after the close on Friday, as gains in the Materials, Industrials and Telecoms Services sectors led shares higher.
– Colombia stocks were lower after the close on Friday, as losses in the Financials, Investment and Public Services sectors led shares lower.
– Russia stocks were lower after the close on Friday, as losses in the Power, Mining and Telecoms sectors led shares lower.
Trump owns about 59% of Trump Media, which is the parent company of his social media platform, Truth Social.
The web browser developer's stock soared this week, and is now up 22% year to date.
Investors can buy one of the world's best businesses at a reasonable valuation.
– Brazil stocks were higher after the close on Friday, as gains in the Real Estate, Consumption and Public Utilities sectors led shares higher.
