Stock market live Friday: Dow up 477, Stocks still lose 5% on week, volatility is back

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

“The economy isn’t going to be the same economy we knew before,” Carlyle’s David Rubenstein says. “Economies evolve.”

Stocks surged at the start of Friday's trading in a bid to recover some of Thursday's steep losses. The Dow jumped 837 points, but some of those gains were to be short lived. The major averages pulled back from their highs as some of the enthusiasm faded, but all three posted at least a 1% gain for the day. Friday's move higher couldn't make up for losses earlier in the week, however, and the major averages finished the week lower.The Dow gained 1.

The major averages moved higher on Friday, clawing back some of Thursday's steep losses. The Dow gained 477 points to finish the session 1.9% higher. The S&P 500 rose 1.3%, while the Nasdaq Composite gained 1%. The gains weren't enough to counteract the week's earlier losses, however, and all three averages ended the week lower, snapping a three-week winning streak.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I don't think the kind of discontinuity we're facing constitutes an evolutionary change but rather a catastrophic shift.

Longer mens hairdos, contactless pay and some more remote work is all that is going to change. Love how everyone is a prisoner of the moment

David is taking this call from his dining room in McLean, VA I know because I have been in that room. Humble brag

Funny because the stock market seems to think otherwise. Oh wait. I forgot. The FederalReserve is printing money to buy stocks.

Whatever it is it will be great

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow ‘s opening rally fading fast as stock market struggles to recoup Thursday’s selloffU.S. stock benchmarks are in positive territory but well of their opening peaks on Friday, as Wall Street’s attempt to recapture losses from the sharpest... ¯\\_(ツ)_/¯ There's literally NO reason for a rally. The ACTUAL economy is in shambles. The Stock market is NOT the economy
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market live updates: Dow futures bounce 500, reopen trades back on, United up 11%A conversation on the latest market-moving news. 'Yay!!!!!' - Mammon Hi there, Do you need photoshop image background removal service? please contact me or order here This is a bull trap if I’ve ever seen one, nothing has changed since yesterday
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow bounces 700 points, reopen trades back on, United pops 11%What's the deal with Hertz, a bankrupt company, asking a judge if the company can sell $1 billion worth of stock? MadMoneyOnCNBC's jimcramer sounds off. MadMoneyOnCNBC jimcramer the deal is buying $NAK MadMoneyOnCNBC jimcramer The US market is completely broke...what a shame… MadMoneyOnCNBC jimcramer So I guess they'd no longer need protection from their creditors huh?
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens FridayU.S. stock futures jumped on Friday, indicating a partial recovery from the market's massive drop in the previous session. 1 thing to know about the stock market: The rich are destroying the economy. If we do not tax the rich, and give to the poor, the economy will completely collapse this winter. We must TaxTheRich. Thinking otherwise is living in a fantasy land.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Friday comeback fizzles, big losing week, bizarre trading'The Fed is using its power, but it can't do everything.' Alan Blinder discusses the Fed's role in mitigating damage in the economy. The fed can actually do everything
Source: CNBC - 🏆 12. / 72 Read more »

Here's what happened to the stock market on FridayStocks struggled to regain their footing on Friday following their biggest sell-off in three months during the previous session. It wasn’t Trump’s Pandemic. It was his bankruptcy mentality forced upon America causing the erratic DJIA. Republican, Russian and Chinese troll farms are working harder for Trump now than 2016.
Source: CNBC - 🏆 12. / 72 Read more »