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Wall Street Rallies Ahead of Fed Chair's Jackson Hole Speech
22 Aug
Summary
- Wall Street's main indexes opened higher on August 22, 2025
- Investors await Fed Chair Jerome Powell's speech at Jackson Hole Symposium
- Dow Jones, S&P 500, and Nasdaq Composite all rose at the opening bell
As of August 22, 2025, Wall Street's main indexes have opened higher, with investors closely watching for insights into the Federal Reserve's interest-rate path from Chair Jerome Powell's upcoming speech at the Jackson Hole Symposium.
The Dow Jones Industrial Average rose 167.4 points, or 0.37%, to 44,952.88 at the opening bell. The S&P 500 gained 14.4 points, or 0.23%, to 6,384.59, while the Nasdaq Composite increased 39.5 points, or 0.19%, to 21,139.826.
Investors are eager to hear Powell's remarks at the Jackson Hole Symposium, a closely watched annual gathering of central bankers and economists, for clues on the Fed's future monetary policy decisions. The anticipation of Powell's speech has contributed to the positive sentiment in the market, as traders look for insights that could impact the interest-rate trajectory.
