<div id="readability-page-1"><div><div>Federal Reserve Chair Jerome Powell shifted his tone Friday at Jackson Hole, warning that &#34;downside risks to employment are rising&#34; and that the Fed &#34;may warrant adjusting&#34; its policy stance if the economic slowdown continues.<ul> <li>QQQ ETF is moving fast. Check live prices here. </li> </ul>It was a surprisingly dovish message—one that caught Wall Street off guard. Many economists had expected Powell to maintain a cautious, inflation-focused tone and avoid signaling any rate cuts. Instead, he leaned into labor market concerns and acknowledged weakening growth, paving the way for potential easing.<h2>Market Reactions: A September Cut Is Now A Done Deal</h2>Markets moved fast. Treasury yields tumbled, the U.S. dollar fell sharply, and stocks ripped higher, led by tech and growth names that benefit most from easier financial conditions.Futures traders now fully price in a September rate cut, assigning a 91.5% probability, up from 71% just prior to the speech, according to the CME FedWatch Tool.The 2-year Treasury yield dropped 10 basis points to 3.70%, and the U.S. Dollar Index fell 0.7% as markets welcomed the prospect of easier monetary policy.That shift unleashed a broad market rally, with tech, crypto, and high-growth names leading the charge.U.S. equity markets rallied sharply following Powell's dovish comments, with small caps and tech stocks leading the charge.The Russell 2000 surged 3.8% to 2,360, eyeing its best single-day performance since April, as investors rotated into rate-sensitive, domestically focused companies.The Dow Jones Industrial Average climbed 1.9% to new records at 45,650, gaining over 870 points as financials and industrials caught a bid.The Nasdaq 100 advanced 1.8% to 23,556, on track to reverse weekly losses. The broad-based S&amp;P 500 added 1.6% to 6,470. <h2>10 Stocks Rallying The Most After Powell's Speech</h2>Using Benzinga Pro real-time data, here are the top-performing U.S.-listed stocks with a market cap over $50 billion post-Powell's remarks:<ol> <li>Coinbase Global Inc. COIN: +4.54%</li> <li>NXP Semiconductors NV NXPI: +4.54%</li> <li>ARM Holdings plc ARM: +4.09%</li> <li>Tesla Inc. TSLA: +4.00%</li> <li>Marvell Technology Inc. MRVL: +3.64%</li> <li>MicroStrategy Inc. MSTR: +3.57%</li> <li>AppLovin Corp. APP: +3.56%</li> <li>Robinhood Markets Inc. HOOD: +3.27%</li> <li>Shopify Inc. SHOP: +3.16%</li> <li>Intel Corp. INTC: +3.01%</li> </ol><ul> <li>BJ’s Wholesale Club Memberships Hit Record High, Yet Sales Miss Knocks Shares Lower</li> </ul>Image created using artificial intelligence via Midjourney.</div></div></div>

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Federal Reserve Chair Jerome Powell's dovish remarks at Jackson Hole led to a significant market rally, with expectations of a September rate cut rising to 91.5%. Stocks surged, particularly in tech and growth sectors, as Treasury yields fell and the U.S. dollar weakened. The Russell 2000 rose 3.8%, while the Dow Jones and Nasdaq also saw substantial gains. Top-performing stocks included Coinbase, NXP Semiconductors, and Tesla, all benefiting from the prospect of easier monetary policy.

- Federal Reserve Chair Jerome Powell's dovish remarks at Jackson Hole indicated rising employment risks and potential policy adjustments due to economic slowdown.  
- Markets reacted swiftly, with a 91.5% probability of a September rate cut, leading to a significant drop in Treasury yields and a sharp rise in U.S. equity markets, particularly in tech and growth sectors.  
- The Russell 2000 surged 3.8%, while major indices like the Dow Jones and Nasdaq also posted substantial gains, reflecting investor optimism towards easier monetary conditions.  

10 Stocks Rocketing After Powell's Dovish Shift