The Dow Jones Industrial Average was on track for its first record close since December on Friday after Federal Reserve Chair Jerome Powell opened the door to a September rate cut, sparking a broad stock-market rally.

The stock market was upbeat on Friday as investors digest Federal Reserve Chair Jerome Powell's speech at Jackson Hole. S&P 500 (SP500) +1.3%, the Dow (DJI) +1.5%, and the Nasdaq Composite (COMP:IND) +1.

The Dow Jones, Nasdaq and S&P 500 indexes slip. Amazon and Meta fell on the stock market today. Solar stocks shined on positive news.

U.S. stock futures were trading mixed early Friday as markets eagerly awaited Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole

U.S. stocks finished mixed on Tuesday as a sell-off in tech stocks weighed on the broader market. The S&P 500 (SNPINDEX: ^GSPC) fell 37.78 points, or 0.6%, to 6,411.37, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) tumbled 314.82 points, or 1.5%, to 21,314.95.

The 10-year Treasury yield held steady at 4.3%. Oil prices bounced up more than 1%, with West Texas Intermediate futures at $63.10 a barrel.

The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story. U.S. stock futures dropped on Thursday following Wednesday’s mixed close. Futures of major benchmark indices were lower.

President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Follow all the latest U.S. market action for Tuesday here to see if stocks can shake of some summer torpor and reach fresh highs.

The tech-heavy Nasdaq Composite finished at 20,895.66, rising 10 points due to strong performance of technology bigwigs. This was a new record-high closing for the index.