The selloff signaled investor fears that tech stocks, which have soared from April lows, are overvalued, while Washington’s growing interference in the sector has also raised alarms.

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.

Key Takeaways Federal Reserve Chair Jerome Powell's speech at the Jackson Hole economic conference could shed light on whether the central bank will cut interest rates in September.Powell may signal that the Fed will pivot to cutting interest rates on concerns that a recent slowdown in the job market could turn into a worrisome rise in