U.S. stocks closed higher, but only after careening through another wild day.
The S&P 500 rose 0.6 percent 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 percent, and the Nasdaq composite climbed 0.7 percent.
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 percent, to 5,770.20.
The Dow Jones Industrial Average rose 222.64 points, or 0.5 percent, to 42,801.72.
The Nasdaq composite rose 126.97 points, or 0.7 percent, to 18,196.22.
The Russell 2000 index of smaller companies rose 8.93 points, or 0.4 percent, to 2,075.48.
For the week:
The S&P 500 is down 184.30 points, or 3.1 percent.
The Dow is down 1,039.19 points, or 2.4 percent.
The Nasdaq is down 651.06 points, or 3.5 percent.
The Russell 2000 is down 87.59 points, or 4 percent.
For the year:
The S&P 500 is down 111.43 points, or 1.9 percent.
The Dow is up 257.50 points, or 0.6 percent.
The Nasdaq is down 1,114.57 points, or 5.8 percent.
The Russell 2000 is down 154.68 points, or 6.9 percent.
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