The Dow finished up 1.4%, or 400 points. Cisco , which reported earnings late Thursday, was the best performer in the Dow.The broader S&P 500 climbed 1.4%, and the Nasdaq Composite closed 1% higher.Looking at the week in total, the Dow and the S&P logged gains while the Nasdaq recorded a loss.
Worries that the trend could put a damper on the economic recovery weighed on the optimism midweek.Making matters worse, Federal Reserve Chairman Jerome Powell had some sobering words for investors on Thursday, when he said the resurgence was a key risk to the economy. Powell also reiterated that more stimulus was likely necessary to boost the economy.But on Friday, investors appeared to set those worries aside again.
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