Wall Street rallied and closed higher this Friday, ending a volatile week of intense market swings as relief from signs of peaking inflation countered fears that the tightening of the monetary policy of the Federal Reserve can lead to economy From U.S to recession.
According to preliminary data, the S&P 500 (SPX) gained 2.41% to 4,024.65 points.
The technology index Nasdaq (US100) increased by 3.84% to 11,807.57 points.
THE dow jones (DJI) rose 1.47% to 32,196.73 points.
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Source: Moneytimes
I am an author at Global happenings and I mostly cover automobile news. In my time working in the automotive industry, I have developed a keen interest in the latest developments and trends. My writing skills have also allowed me to share my knowledge with others through articles and blog posts.
