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

Since March 2021, on a total return basis, small cap stocks have underperformed large cap stocks by almost 60%, according to Bloomberg.

Technology stocks were pushing sharply higher on Friday after Federal Reserve Chair Jerome Powell said the time may be coming for rate cuts to resume. Tesla Inc. shares were up about 4.5%, leading the so-called Magnificent Seven stocks higher,

Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields.

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

Market Catalysts anchor Julie Hyman and Senior Reporter Allie Canal examine some of Friday's trending tickers, including crypto stocks, homebuilder stocks, and the banking index (^BKX). To watch more expert insights and analysis on the latest market action,

Chip stocks and AI names tumbled for a second day on Wednesday, as anxiousness rises ahead of Powell's Friday speech.

Chinese equities are surging. The Shanghai Composite Index — dominated by retail investors — is up about 13% this year.

Stocks climbed and U.S. Treasury yields and the dollar fell on Friday after Federal Reserve Chair Jerome Powell pointed to a possible rate cut at the central bank's September meeting.

The Cboe Volatility Index (VIX) fell to its lowest level of the year on Friday, as US stocks surged following a highly-anticipated speech from Federal Reserve Chairman Jerome Powell that bolstered the case for a September interest-rate cut.