Wall Street rallied after Fed Chair Powell hinted at potential interest rate cuts due to a cooling labor market. S&P 500 sectors closed green, with small caps leading the surge. Dow Jones hit all-time highs, while the Nasdaq ended a losing streak. Commodities rose, with crypto markets exploding. Major indices saw significant gains. Regional banks and tech-heavy ETFs also surged. Best-performing stocks included Enphase Energy and Builders FirstSource.

Read more at Yahoo Finance: Dow Hits Record Highs, Small Caps Soar On Powell’s Shift: What’s Moving Markets Friday?