Stocks closed significantly higher on Friday after a Federal Reserve Chair Jerome Powell signaled a possible interest rate cut during a high-profile speech at an annual gathering in Jackson Hole, Wyoming. The Dow Jones Industrial Average closed up 846 points, or 1.8%, while the S &P 500 climbed 1.5%. The tech-heavy Nasdaq increased 1.8%. Some major tech stocks were among the top performers on Friday. Shares of Intel climbed 5% after President Donald Trump said the California-based chipmaker had agreed to let the U.S. government take a 10% stake in the firm. As of late Friday afternoon, Intel had not confirmed the agreement. Tesla shares jumped 6%, while Delta Air Lines rose 6%. Addressing policymakers and reporters, Powell said the Fed would "proceed carefully" but he hinted at the possibi

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