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Shares of arcade company Dave & Buster’s (NASDAQ:PLAY) jumped 4% in the afternoon session after a broad market rally fueled by signals of an imminent interest-rate cut from the Federal Reserve. Federal Reserve Chair Jerome Powell's speech signaled a potential interest-rate cut in September, sparking the strongest cross-asset rally since April. This dovish shift in focus toward the jobs market sent major indices soaring, with the S&P 500 climbing 1.7% and the Russell 2000 index of smaller companies jumping 4%. The broad positive market sentiment provided a significant tailwind for stocks like Dave & Buster's. Adding to the upbeat mood, the company announced the grand opening of a new 22,000 sq. ft. location in Mumbai, India, marking another milestone in its international expansion strategy.

Shares of hospitality and casino entertainment company MGM Resorts (NYSE:MGM) jumped 4.8% in the afternoon session after Federal Reserve Chair Jerome Powell hinted that interest rate cuts could be on the horizon. The positive sentiment spread across Wall Street, with the Dow Jones Industrial Average soaring over 900 points on hopes that the U.S. Federal Reserve may cut interest rates. The potential for lower rates often encourages consumer spending, which benefits travel and entertainment companies. This trend was seen across the sector, with peers like Caesars Entertainment also rising 6.3%, and travel companies such as Norwegian Cruise Line and Delta Air Lines experiencing significant gains as investors anticipated increased household spending on leisure activities.

Shares of global airline American Airlines (NASDAQ:AAL) jumped 7.4% in the afternoon session after the broader market rallied on strong hopes for future interest rate cuts. The broader market soared after the head of the U.S. Federal Reserve hinted that interest rate cuts could be forthcoming. This news sparked hopes that easier monetary policy could encourage more household spending, which would directly benefit the travel sector. In line with this sentiment, other travel companies also saw significant gains, with Delta Air Lines climbing 6.6%.

Alphabet has a good incentive to partner with Apple to make Siri smarter.

President Donald Trump says Intel has agreed to give the government a 10% stake.

Analyst raises price forecast for Dick's Sporting Goods amid strong demand, market share gains, and planned acquisition of Foot Locker.

Federal Reserve Chair Jerome Powell just gave Wall Street—and Main Street—a reason to celebrate.

Let's have a look at what is happening on the US markets one hour before the close of the markets on Friday. Below you can find the top S&P500 gainers and losers in today's session.

Stay up-to-date with the latest market trends one hour before the close of the markets on Friday. Explore the top gainers and losers during today's session in our detailed report.

Ethereum surged after mildly helpful Fed comments -- but how real is the rally? Here's what you need to know.

Palm Oil futures were higher in sympathy with the price action in Chicago Soybean Oil.

Shares of education finance company Nelnet (NYSE:NNI) jumped 4.8% in the afternoon session after the broader market rallied after Federal Reserve Chair Jerome Powell indicated that interest rates could be cut. Federal Reserve Chair Jerome Powell's comments indicating that interest rates could be cut sent a wave of relief through the market, causing stocks to surge broadly. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posted significant gains on the news. Amidst this widespread positive sentiment, Nelnet's stock reached a new all-time high of $130.49. The move reflects strong investor confidence and the company's solid market performance, which has seen impressive year-to-date returns.

Shares of restaurant company Cheesecake Factory (NASDAQ:CAKE) jumped 3.1% in the morning session after the stock moved higher amid a broad market rally driven by renewed hopes for lower interest rates. The positive sentiment swept through Wall Street as investors increased their bets that the Federal Reserve would cut its main interest rate in September. This optimism was reflected in the bond market, where Treasury yields fell. Lower interest rates are often seen as a positive for consumer-focused companies like restaurants, as they can encourage more consumer spending and reduce borrowing costs.

Shares of global financial services firm Morgan Stanley (NYSE:MS) jumped 3.1% in the afternoon session after comments from Federal Reserve Chair Jerome Powell indicated that interest rate cuts could be on the horizon, sparking a broad market rally. The broader market rallied after Federal Reserve Chair Jerome Powell stated that a slowing job market and shifting risks to the economy "may warrant adjusting our policy stance." This dovish signal was interpreted by investors as a clear indication that the central bank is prepared to lower interest rates, a move that typically stimulates economic activity. Financial stocks were among the day's biggest winners, with the banking sector heading for a record high. Lower interest rates can be beneficial for banks like Morgan Stanley by potentially boosting lending, increasing deal-making in their investment banking divisions, and improving the value of their fixed-income assets.

Shares of financial brokerage and technology company BGC Group (NASDAQ:BGC) jumped 3% in the afternoon session after the broader market rallied as the head of the Federal Reserve hinted that interest rate cuts could be forthcoming. The positive sentiment swept across Wall Street, with the S&P 500 gaining 1.6% and the Dow Jones Industrial Average soaring over 900 points. The market-wide rally was sparked by comments from the head of the Federal Reserve, who hinted that interest rate cuts, a move highly anticipated by investors, may be forthcoming. This signal buoyed investor confidence, leading to widespread gains across various sectors as traders reacted favorably to the prospect of a less restrictive monetary policy.

Shares of investment management firm Cohen & Steers (NYSE:CNS) jumped 5.7% in the afternoon session after the stock rallied along with the broader market as comments from Federal Reserve Chair Jerome Powell sparked hopes of a potential interest rate cut. The stock moved in tandem with a widespread market rally after Federal Reserve Chair Jerome Powell hinted that interest rate cuts could be on the horizon. Speaking at the annual central banking symposium at Jackson Hole, Powell's remarks ignited investor optimism. In response, Wall Street surged, with the Dow Jones Industrial Average soaring over 900 points to an all-time high. The S&P 500 and Nasdaq Composite also posted significant gains of 1.6% and 2.0%, respectively, marking one of the market's best days in months. The rally was fueled by hopes that lower interest rates would stimulate the economy.

Shares of personal care company The Honest Company (NASDAQ:HNST) jumped 10.9% in the afternoon session after the company's stock rose in tandem with a broad market rally as the head of the U.S. Federal Reserve signaled that interest rate cuts may be forthcoming. The broader market experienced a significant surge, with the Dow Jones Industrial Average soaring over 900 points, following comments from Federal Reserve Chair Jerome Powell that hinted at potential cuts to interest rates. This signal of a possible easing in monetary policy sent a wave of optimism through Wall Street, lifting many stocks along with the major indices. There was no significant positive news specific to The Honest Company to account for the sharp increase in its share price.

Shares of asset management company Affiliated Managers Group (NYSE:AMG) jumped 3.1% in the afternoon session after the head of the Federal Reserve hinted at potential interest rate cuts. The broader market surged, with the Dow Jones Industrial Average soaring over 900 points, after the head of the Federal Reserve hinted that interest rate cuts could be on the way. This positive sentiment lifted stocks across the board. For Affiliated Managers Group, the rally pushed its stock to a new 52-week high of $224.98. The move reflects strong investor confidence and builds on the stock's robust performance, which has seen an 18.1% gain year-to-date and a 29.41% increase over the past year.

Shares of digital financial services company SoFi Technologies (NASDAQ:SOFI) jumped 7.4% in the afternoon session after Federal Reserve Chair Jerome Powell's dovish remarks signaled that interest rate cuts may be warranted. Federal Reserve Chair Jerome Powell struck a notably dovish tone, signaling that interest rate cuts may be warranted if the economic slowdown deepens. This pivot is significant for high-growth companies like SoFi, which are sensitive to interest rate expectations. Lower rates reduce the discounting effect on future earnings and decrease borrowing costs, bolstering valuations for growth stocks. The favorable macro environment comes as SoFi has demonstrated strong underlying performance. The company's stock has already risen significantly this year, supported by factors including a robust second-quarter performance and impressive growth in its lending platform. Following its recent results, Mizuho raised its price target for SoFi to $26, and Needham increased its target to $25, maintaining a Buy rating.

Shares of young adult apparel retailer Tilly’s (NYSE:TLYS) jumped 10.8% in the afternoon session after Federal Reserve Chair Jerome Powell signaled potential interest rate cuts in a speech at the central bank's annual symposium in Jackson Hole, Wyoming. The comments sparked hopes for a looser monetary policy, igniting a significant rally across major indexes. The Dow Jones Industrial Average jumped by more than 1.9%, while the S&P 500 rallied 1.5%. Powell's remarks about being open to lowering a key interest rate in the coming months led to widespread positive sentiment among investors. With no company-specific news released, Tilly's shares appeared to be carried higher by the strong market-wide tailwind.

Shares of wellness company Medifast (NYSE:MED) jumped 4.5% in the afternoon session after the broader market rallied as Federal Reserve Chair Jerome Powell indicated a willingness to consider interest rate cuts. The broader market rallied strongly after Federal Reserve Chair Jerome Powell indicated that interest rate cuts could be on the horizon. This signal sparked a wave of investor optimism, sending major indices soaring. The Dow Jones Industrial Average jumped by approximately 900 points, or 2%, to reach an all-time high, while the S&P 500 and the tech-focused Nasdaq Composite also saw significant gains of 1.6% and 1.9%, respectively. Medifast's stock appeared to rise in tandem with this widespread market updraft, as the prospect of lower interest rates generally boosts investor sentiment across most sectors.

Shares of consumer financial services company Synchrony Financial (NYSE:SYF) jumped 3.1% in the afternoon session after a broad market rally fueled by comments from the Federal Reserve suggesting potential interest rate cuts. The broad market rally was sparked by comments from Federal Reserve Chair Jerome Powell, who indicated that the central bank's 'shifting balance of risks' might justify a change in policy, which investors interpreted as a signal for potential interest rate cuts. This positive market sentiment pushed Synchrony's stock to a new all-time high of $73.80.

Shares of private label food company TreeHouse Foods (NYSE:THS) jumped 10.8% in the afternoon session after Federal Reserve Chair Jerome Powell hinted at the possibility of future interest rate cuts in a widely anticipated speech. Powell's remarks to the annual central banking symposium at Jackson Hole acknowledged a "shifting balance of risks," noting growing risks to the job market. While he stopped short of a firm commitment, his comments were interpreted by investors as opening the door to lowering interest rates in the coming months. This signal spurred a significant rally across the broader U.S. stock markets, with the S&P 500, Nasdaq, and Dow Jones Industrial Average all surging higher.

An analysis and commentary on the financial markets.

Shares of upscale restaurant company The One Group Hospitality (NASDAQ:STKS) jumped 3.3% in the afternoon session after Federal Reserve Chair Jerome Powell signaled a potential interest rate cut at the central bank's upcoming September meeting. The comments were made during Powell's highly anticipated speech at the annual Jackson Hole symposium, a gathering of central bankers. In response to the news, major U.S. stock indices, including the S&P 500 and the Dow Jones Industrial Average, surged, with the latter hitting a record intraday high. A potential rate cut generally boosts investor confidence as lower borrowing costs can stimulate economic activity and support corporate profits. The positive sentiment lifted stocks across various sectors, including The ONE Group, which moved in line with the overall market trend.

Shares of auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) jumped 4.4% in the afternoon session after investors reacted positively to comments from Federal Reserve Chairman Jerome Powell that hinted at possible interest rate cuts in the near future. The broader market rallied after Federal Reserve Chairman Jerome Powell, speaking at the annual Jackson Hole economic symposium, indicated that potential interest rate cuts are being considered. Powell cited concerns over rising tariff-related inflation and slowing job growth as key factors influencing the central bank's difficult decisions amid high uncertainty. Lower interest rates typically reduce borrowing costs for companies and consumers, which can stimulate economic activity and is generally viewed as a positive for stock valuations. Advance Auto Parts' stock appeared to rise in concert with the overall positive market sentiment.

Shares of global investment bank Goldman Sachs (NYSE:GS) jumped 3.6% in the afternoon session after the broader market rallied as Federal Reserve Chair Jerome Powell signaled a potential interest rate cut. 

Shares of financial guidance platform NerdWallet (NASDAQ:NRDS) jumped 3.7% in the afternoon session after the broader market rallied as Federal Reserve Chair Jerome Powell hinted at a potential future interest rate cut. During a speech, Powell noted that stable economic conditions, particularly the unemployment rate, allow the central bank to “proceed carefully” with future policy decisions. He added that with the current policy being “in restrictive territory,” the outlook and risk balance “may warrant adjusting our policy stance.” Investors interpreted these comments as a strong signal that the Federal Reserve may soon lower interest rates, which typically boosts stock market performance. The positive sentiment led to a widespread market surge, lifting shares of companies like NerdWallet.

Shares of casual sandwich chain Potbelly (NASDAQ:PBPB) jumped 3.2% in the afternoon session after the broader market rallied as Federal Reserve Chairman Jerome Powell signaled a potential interest rate cut in the near future. Speaking to economists, Powell indicated that a marked slowdown in job growth suggests a downward adjustment in the Fed's benchmark rate may be warranted. The prospect of lower interest rates, which can reduce borrowing costs for companies and stimulate the economy, sparked a broad market rally on Friday. This positive sentiment lifted stocks across various sectors, including Potbelly, as investors reacted favorably to the potential for a more accommodative monetary policy.

Shares of natural food company Hain Celestial (NASDAQ:HAIN) jumped 8.5% in the afternoon session after Federal Reserve Chair Jerome Powell signaled that potential interest rate cuts could be on the horizon, fueling a broad market rally. Powell's comments on Friday indicated that a slowing job market "may warrant" interest rate cuts in the future. This dovish signal from the central bank sparked a significant rally across the broader market, as the prospect of lower borrowing costs boosted investor sentiment. All three major U.S. stock indexes climbed more than 1.6%, with the S&P 500 gaining 1.7%. The market-wide upswing lifted most stocks, including Hain Celestial, as part of the positive reaction to the potential for a less restrictive monetary policy.

Shares of digital banking company Ally Financial (NYSE:ALLY) jumped 5.6% in the afternoon session after Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, fueling a broad market rally. In a speech at the central bank's annual Jackson Hole Symposium, Powell struck a dovish tone, suggesting that a slowing job market “may warrant” future interest rate cuts. This fueled a widespread rally across U.S. markets, with all three major indexes climbing. Following the remarks, the likelihood of a September rate cut increased significantly, with federal funds futures trading data showing a nearly 90% chance of a 25 basis point reduction. Financial stocks like Ally often benefit from the prospect of lower interest rates, as it can stimulate borrowing and economic activity.

Shares of investment banking firm Evercore (NYSE:EVR) jumped 5.3% in the afternoon session after Federal Reserve Chair Jerome Powell's dovish comments hinted at a potential interest-rate cut, sparking a broad market rally that lifted financial stocks. Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Symposium was perceived as more "dovish"—or favorable to lower interest rates—than the market had anticipated, all but cementing bets on an imminent rate cut. In response, bank stocks rallied, with one Evercore analyst noting Powell had thrown the "door wide open to a September cut." The broader market saw its best day since April, with the S&P 500 climbing 1.7%. The prospect of lower interest rates is typically beneficial for financial firms like Evercore, as it can stimulate economic activity and M&A deals.

DaVita reported a ransomware attack affecting 2.7 million patients, posted Q2 earnings above estimates, and authorized a $2 billion boost to its share buyback plan.

Natural gas it’s trying to edge back higher as storms continue to develop in the Atlantic. The inventory report was a little bit supportive.

Intuit shares down after weak Q1 guidance, analysts lower price targets. Markgraff lowers to $825, Jaluria reiterates $850 target. Strong Q4, growth potential.

Cryptocurrencies rallied on Friday after Federal Reserve Chair Jerome Powell hinted at possible September interest rate cuts, fueling optimism across digital assets.

Meta stock bounced back with gains Friday following an otherwise down week amid a debate about whether there is an AI bubble.