Wall Street rallied to its best day in months on Friday after the head of the Federal Reserve hinted that cuts to interest rates may be on the way, along with the kick they can give the economy and investment prices.

Wall Street ended higher on Friday with the Dow closing at a record high after investors welcomed Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole.

STORY: Wall Street's main indexes ended higher on Friday, with the Dow adding 1.9% to finish at a record closing high, the S&P 500 climbing one-and-a-half percent and the Nasdaq surging nearly 1.9%.Investors piled into stocks after U.