 $4.29 to the good, $39.721 will be left off. Here's the business buzz in New York. From ABC News, Wall Street Now. Comments to Congress from the head of the Fed could signal an interest rate cut soon. Some experts see Jerome Powell's remarks yesterday as an indicator the Fed could be ready to start cutting interest rates as early as September. Powell's words were enough to move the markets Wednesday. The Dow Jones gained 429 points and finished the session at 39.721.