No, that's not an alarm, that's the closing bell signaling the end of the trading day for Friday. As markets shift into extended hours at the week's close, Julie Hyman and Alexandra Canal break down the market gains (^DJI, ^IXIC, ^GSPC) seen as a result of Federal Reserve Chair Jerome Powell's comments made in his Jackson Hole speech this morning.

Yahoo Finance markets and data editor Jared Blikre highlights the biggest market takeaways from Friday's session, including the equity market's and volatility index's (^VIX) reactions to Powell's interest rate cut signaling.

From the Jackson Hole Economic Symposium in Wyoming, Yahoo Finance Fed reporter Jennifer Schonberger interviews Federal Reserve Bank of Atlanta President Raphael Bostic and International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas on their respective outlooks on the US and global economies for when the American central bank begins its expected rate-cutting cycle.

This post was written by Luke Carberry Mogan.