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U.S. Stocks Rise, Lifted by Late, Broad-Based Rally
U.S. stocks rebounded Friday, shaving away much of the S&P 500 and Dow Jones Industrial Average’s midweek losses but leaving both indexes down for a second consecutive week. Friday’s moves allowed the stock market to end on a high note following a rocky stretch that included lukewarm earnings reports and economic data. Recent reports have pointed to a slowdown in growth across much of the U.S. economy in April, smaller-than-expected job creation and still-sluggish wage growth, which has renewed questions among investors about whether the economy’s momentum is slowing.
https://finance.yahoo.com/m/987150d...c2/u.s.-stocks-rise,-lifted-by.html?.tsrc=rss
U.S. stocks rebounded Friday, shaving away much of the S&P 500 and Dow Jones Industrial Average’s midweek losses but leaving both indexes down for a second consecutive week. Friday’s moves allowed the stock market to end on a high note following a rocky stretch that included lukewarm earnings reports and economic data. Recent reports have pointed to a slowdown in growth across much of the U.S. economy in April, smaller-than-expected job creation and still-sluggish wage growth, which has renewed questions among investors about whether the economy’s momentum is slowing.
https://finance.yahoo.com/m/987150d...c2/u.s.-stocks-rise,-lifted-by.html?.tsrc=rss