Stock Market Today: Stocks surge after Powell signals more rate cuts ahead
Yahoo Finance·2025-10-15 01:06
Updated 5:57 p.m. Stocks end the day mixed, but Powell words offer hope It was a roller-coaster kind of day for stocks. China's retaliation against a new tariff threat from President Trump weighed heavily on the open. In time, the fears faded. Then, the Fed's Jerome Powell signaled more interest-rate cuts are ahead, and much of the market rebounded. But some of the euphoria faded at the end. The Dow Jones Industrial Average was up 203 points, or 0.4%, to 46,270. The index reached as high at 46,523 befo ...