Stocks closed out a tumultuous week on Wall Street Friday with broad gains, led by familiar names in technology, including Apple.
The S&P 500 rose 1.4%, but still ended the week lower, breaking a two-week winning streak. Stocks meandered between gains and losses for much of the morning then rose steadily in the afternoon. The calm trading offered a soothing coda to another turbulent week for stocks amid the mounting economic toll from the coronavirus pandemic.
The S&P 500 index rose 38.94 points, or 1.4%, to 2,836.74.
The Dow Jones Industrial Average gained 260.01 points, or 1.1%, to 23,775.27.
The Nasdaq climbed 139.77 points, or 1.6%, to 8,634.52.
The Russell 2000 index of smaller company stocks picked up 18.99 points, or 1.6%, to 1,233.05.
For the week:
The S&P 500 lost 37.82 points, or 1.3%.
The Dow slid 467.22 points, or 1.9%.
The Nasdaq dropped 15.62 points, or 0.2%
The Russell 2000 gained 3.96 points, or 0.3%.
For the year:
The S&P 500 is down 394.04 points, or 12.2%.
The Dow is down 4,763.17 points, or 16.7%.
The Nasdaq is down 338.09 points, or 3.8%
The Russell 2000 is down 435.42 points, or 26.1%.
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