Market Watch

Market Snapshot: U.S. stocks pick up steam Friday afternoon, rising after Fed Chair Powell’s Jackson Hole remarks

U.S. stocks were gaining steam Friday afternoon, rising in a choppy trading session after Federal Reserve Chairman Jerome Powell warned the central bank may need to raise interest rates even higher to temper a strong U.S. economy and quell inflation.
Read MoreMarket Snapshot: U.S. stocks pick up steam Friday afternoon, rising after Fed Chair Powell’s Jackson Hole remarks