Investors had waited nervously to see what words would come out of Jackson Hole, Wyoming this week, and Fed chair Jerome Powell's comments about inflation didn't create any unpleasant surprises for the market. That sent the Nasdaq Composite (NASDAQINDEX: ^IXIC), S 500 (SNPINDEX: ^GSPC), and Dow Jones Industrial Average (DJINDICES: ^DJI) higher on the day, reversing a portion of their losses from earlier in the week.

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Source Fool.com