Dow surges more than 800 points to score longest weekly win streak since November 2021 as U.S. stocks close sharply higher

U.S. stocks end sharply higher Friday, with the Dow Jones Industrial Average surging more than 800 points, as all three major benchmarks score another week of gains. Read More...


Wall Street surges to sharply higher close ahead of Fed week

A robust, broad-based rally sent Wall Street to a sharply higher close on Friday as encouraging economic data and a sunnier earnings outlook fueled investor risk appetite ahead of next week’s much-anticipated two-day policy meeting of the Federal Reserve. All major U.S. indexes ended the session up about 2.5% or more, with the S&P and the Nasdaq notching their second straight weekly gains. “This has been one of the best months (so far) in the history of the Dow, suggesting the bear market likely ended,” said Ryan Detrick, chief market strategist at Carson Group in Omaha.

Read More

Add Comment

Click here to post a comment