S&P 500, Nasdaq nab all-time closing highs as Powell soothes taper fears - Reuters

1:20pm PDT - August 27th, 2021    dow jones - Reuters

Wall Street rallied on Friday, pushing the S&P and the Nasdaq to record closing highs for the fourth time this week, as U.S. Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium calmed fears over the tapering timetable and sent inves…