Stocks rebounded at the end of a volatile week, with major indexes closing higher.

From Google: 2024-08-09 16:15:14

Stocks rebounded at the end of a volatile week, with the S&P 500 closing 1.3% higher on Friday. The Dow gained 1.1% and the Nasdaq rose 1.5%. Despite the comeback, all three indexes still posted their worst weekly performance since October. Tech stocks had a strong showing, with Apple and Microsoft both up more than 2% on the day. The energy sector saw gains as well, with oil prices rising after reports of a cyberattack on a major U.S. fuel pipeline. Overall, investors remain cautious amid inflation concerns and rising bond yields.



Read more at Google: Stocks Make Comeback at End of Dizzying Week: Markets Wrap – Yahoo Finance