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.

Wall Street's main indexes climbed on Friday following a recent string of losses as investors awaited U.S. Federal Reserve Chair Jerome Powell's address at the Jackson Hole Symposium for insights into the interest-rate path.

Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was “solid.