Astrana Health, Surgery Partners, IQVIA, Supernus Pharmaceuticals, and Integer Holdings Shares Surge Amid Powell's Dovish Remarks

Several stocks, including Integer Holdings, Astrana Health, Surgery Partners, IQVIA, and Supernus Pharmaceuticals, surged after Fed Chair Jerome Powell's dovish remarks at the Jackson Hole symposium. Powell suggested the Federal Reserve may consider a shift in monetary policy stance, including potential interest rate cuts, easing market concerns about prolonged high interest rates. This boosted investor confidence, leading to a broad rally across the market.

Fed Chair Jerome Powell's dovish remarks at the annual Jackson Hole symposium on Friday, July 2, 2025, have led to a broad rally across the market. Powell suggested that the Federal Reserve may consider a shift in its monetary policy stance, including potential interest rate cuts, as inflation risks moderate and unemployment remains low. This outlook has eased market concerns about prolonged high interest rates and their impact on economic growth [1].

Several stocks, including Integer Holdings (NYSE:ITGR), Astrana Health (NASDAQ:ASTH), Surgery Partners (NASDAQ:SGRY), IQVIA (NYSE:IQV), and Supernus Pharmaceuticals (NASDAQ:SUPN), surged in response to Powell's remarks. Integer Holdings jumped 3.4%, Astrana Health rose 3.1%, Surgery Partners gained 3.1%, IQVIA increased 3.5%, and Supernus Pharmaceuticals climbed 3.3%. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged [3].

The Federal Reserve's cautious stance on benchmark interest rates has been influenced by the uncertainty around President Donald Trump's tariff policies. While inflation has come down from pandemic-era levels, it remains above the central bank's 2% mandate. The U.S. consumer price index (CPI) rose 2.7% annually in July, with core CPI rising 0.3% sequentially, the highest increase since January [1].

Powell's speech comes amidst growing pressure from Trump for a significant rate cut. The president has repeatedly asked for a rate cut, while central bank officials have stressed the importance of Fed independence. Most analysts, such as JPMorgan and Goldman Sachs, expect a total of 75 basis points cuts for the remainder of the year [1].

The market's reaction to Powell's remarks underscores the importance of the Jackson Hole symposium as a key event for investors and financial professionals. The symposium provides a platform for central bankers to share insights and discuss policy directions, which can significantly impact market sentiment and asset prices.

References:
[1] https://stocktwits.com/news-articles/markets/equity/jerome-powell-set-to-clarify-rate-outlook-fed-independence-at-jackson-hole-speech/chsmyo1Rd0m
[2] https://www.newsmax.com/finance/streettalk/jerome-powell-federal-reserve-monetary-policy/2025/08/22/id/1223557/
[3] https://finance.yahoo.com/news/integer-holdings-astrana-health-surgery-175623519.html