Dow rallies 800 points on Friday to cap big comeback week for stocks

Key Facts

• The Dow Jones Industrial Average rallied more than 800 points on Friday, rebounding off the lows of the bear market last week and capping its first weekly advance since May.
• The Dow rose 823.32 points, or 2.68%, to 31,500.68, with gains accelerating in the final hour of trading.
• The S&P 500 is up nearly 6.5% for the week, while the Nasdaq Composite gained 7.5%.
• The major averages leapt after a consumer sentiment reading that’s closely followed by the Federal Reserve showed a slight easing of inflation expectations.

Click To Read Full Article