The Friday Market. On Fri, 22 Aug 2023 US market largely closed higher for the week, snapping the few days of decline since the start of week of 18 Aug 2025. The Dow surges to first record close of 2025, while both S&P 500 and Nasdaq end sharply higher; just not record breaking (again). By the time market closed for the week: (see above) DJIA: -1.89% (+846.24 to 45,631.74). S&P 500: +1.52% (+96.74 to 6,446.91). Nasdaq: +1.88% (+396.223 to 21,496.535). The Catalyst. Unbelievable as it maybe, US Fed Chair Jerome Powell was the catalyst that sparked the Friday stock-market rally Friday, with his Jackson Hole speech. HIs dovish stance has opened the door ‘of possibility’ to an interest rate cut in September 2025. The Things Powell Said ? Powell has indicated that the "balance of risks"
$Grayscale Ethereum Mini Trust(ETH)$ 📊 Ethereum exposure for your portfolio. Just the beginning, we are entering into Alt season. Hold the line to the blow-off top and then GET OUT when the time comes! Not yet! 📈