Stocks rebound but still close out worst week since winter

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Wall Street rebounded on Friday, led by companies that would benefit most from a healthier economy, but not by enough to keep the stock market from its worst week since the winter.

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The market’s widespread gains weren’t enough to make up for a dismal last few days. The S&P 500 suffered a weekly loss of 2.2%, its worst since February. A swift rise in interest rates earlier this week rattled the market and forced a reassessment of whether stocks had grown too expensive, particularly the most popular ones.

 

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