The tech stocks market saw a significant fall early in the week following a decreased enthusiasm for AI technology and a 20% decline in Palantir Technologies Inc. (PLTR). However, the week concluded with a strong rally on Wall Street due to unexpectedly dovish comments from Federal Reserve Chair Jerome Powell. This resulted in a sharp rise in the IWM ETF on Friday. Powell spoke at the annual Jackson Hole symposium, mentioning that policy was still restrictive and job market data showed signs of weakening, hinting at a potential shift in Fed policy towards rate cuts. Despite inflation remaining above the Fed's 2% target, Powell highlighted a substantial slowdown in job creation. For more details, read the full story on Benzinga.com.