Nasdaq pops 3%, Dow jumps 400 points in comeback rally following steep losses earlier in the week

Summary by Ground News

More than 90% of the companies in the benchmark index closed higher. The Dow registered its seventh straight weekly drop. Markets have been slumping since late March as traders worry that the Federal Reserve may not succeed in its delicate mission of slowing the economy. Apple rose 3.2% and Microsoft rose 2.3%.

Nasdaq pops 3%, Dow jumps 400 points in comeback rally following steep losses earlier in the week

8 days ago·New York, United States

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CNBC

Nasdaq pops 3%, Dow jumps 400 points in comeback rally following steep losses earlier in the week

Stocks jumped Friday, trimming losses from another down week and preventing the S&P 500 from tumbling into bear market territory.

9 days ago·United States

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Financial Post

World equities rise on bounce in U.S., European markets

NEW YORK — Global shares rose on Friday as Wall Street rallied to end a volatile week of trading, while oil jumped 4% on the back of record-high U.S. gas…

8 days ago·Canada

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Los Angeles Times

Stocks rally but still mark their 6th straight losing week

Wall Street closed another volatile week with a broad stock rally, but it wasn’t nearly enough to keep the market from its sixth straight weekly drop.

8 days ago·Los Angeles, United States

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Portland Press Herald

Stocks rally, but still mark their 6th straight losing week

Markets have been slumping since late March as traders worry that the Federal Reserve may not succeed in its delicate mission of slowing the economy enough to rein in the highest inflation in 4 decades without causing a recession.

8 days ago·Portland, United States

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MarketWatch

Stocks end higher Friday, but Dow books worst 7 weeks of declines in two years

U.S. stocks finished higher Friday, but with the Dow still ending a seventh week in a row lower, as investors worried about the Federal Reserve's ability to...

8 days ago·United States

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