Stocks surge on Powell's speech, Trump says US government will take a stake in Intel

Hello and welcome to Market Domination. I'm Josh Lifton live from our NYC headquarters. The Dow soarses and markets rally. The market getting what it wanted from Fed Chair Jerome Pal of Jackson Hole. A sign of a rate cut coming in September. And there's just an hour to go now till the closing bell. And right now stocks are ripping higher. The Dow up 860 points. Your broad gauge, the S&P 500 up more than 1 and a.5%. Your tech heavy NASDAQ up nearly 2%. The small caps, the Russell 2000 up 3.7% right now. Let' ...