Traders boosted bets on a September rate cut after Powell’s comments, now placing a nearly 90% chance of a reduction, versus ...

The EV-maker's stock led gains for the Magnificent Seven during the broad market rally, rising 6.2%. Alphabet picked up 3.2%.

His comments paved the way for a potential rate cut at the Fed's September meeting, although Powell stressed the importance of jobs and inflation data due before then.

Builders FirstSource and other home building stocks jump as Federal Reserve Chairman Jerome Powell signals interest-rate cuts ...

Other locations listed include the old Reunion Arena, former home of the Dallas Stars and Mavericks near the convention ...