Advance Auto Parts Jumps: Fed Hints at Rate Cut

Advance Auto Parts stock surges on hints of Federal Reserve interest rate cuts! Investors cheered Jerome Powell's Jackson Hole comments, boosting the stock 4.4% despite recent volatility. Is this a turning point or just another swing in a wild ride for auto parts stocks? We break down the day's market moves and what it means for your portfolio. Hosted on Acast. See acast.com/privacy for more information.