U.S. stocks closed higher, but only after careening through another wild day.
The S&P 500 rose 0.6% Friday after flipping between earlier gains and losses. It was a fitting ending to a brutal week of scary swings dominated by worries about the U.S. economy and uncertainty about what President Donald Trump will do with tariffs. The Dow Jones Industrial Average added 0.5%, and the Nasdaq composite climbed 0.7%.
Treasury yields also swung. They initially fell following a slightly weaker-than-expected report on U.S. jobs before climbing after the Federal Reserve’s chair said the economy looks strong enough to wait before making a move on interest rates.
On Friday:
The S&P 500 rose 31.68 points, or 0.6%, to 5,770.20.
The Dow Jones Industrial Average rose 222.64 points, or 0.5%, to 42,801.72.
The Nasdaq composite rose 126.97 points, or 0.7%, to 18,196.22.
The Russell 2000 index of smaller companies rose 8.93 points, or 0.4%, to 2,075.48.
For the week:
The S&P 500 is down 184.30 points, or 3.1%.
The Dow is down 1,039.19 points, or 2.4%.
The Nasdaq is down 651.06 points, or 3.5%.
The Russell 2000 is down 87.59 points, or 4%.
For the year:
The S&P 500 is down 111.43 points, or 1.9%.
The Dow is up 257.50 points, or 0.6%.
The Nasdaq is down 1,114.57 points, or 5.8%.
The Russell 2000 is down 154.68 points, or 6.9%.
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