Dow climbs 550 points as U.S. stocks snap 4-day losing streak

U.S. stocks snapped a four-day losing streak on Friday as a rebound in shares of beaten-down regional banks along with sharp gains in shares of Apple Inc. sent the main indexes sharply higher.

However, Friday’s gains weren’t enough to wipe out weekly losses for the S&P 500 SPX and Dow DJIA, which saw their biggest weekly pullback since the week ended March 10, falling 0.8% and 1.2%, respectively, according to preliminary closing data from FactSet. The Nasdaq Composite COMP eked out a marginal weekly gain of 0.1%. For Friday’s session, the S&P 500 gained 75 points, or 1.9%, to finish at 4,136.25, according to preliminary...

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

5 things to know before the stock market opens FridayHere are the most important news items that investors need to start their trading day.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

Stock Market Today: PacWest Tumbles; Oil SteadiesAftershocks from March’s banking turmoil rumble on, even as the end of the Federal Reserve’s aggressive rate-rise campaign approaches
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »