( Reuters) – U.S. stocks ended higher on Friday as bargain hunters went back into the marketplace following sharp losses a day earlier, but all 3 significant indexes suffered their greatest weekly percentage decreases given that March.
The day’s trading was marked by wild swings, with the S&P 500 up about 3%at its high of the session and down about 0.6%at the low.
The Federal Reserve’s indicator earlier today of a long road to recovery and increasing COVID-19 cases in the United States had actually cast a pall over investor optimism about a swift financial rebound, and the S&P 500 dropped about 6%on Thursday.
” You’ve gotten a quite considerable dip, and there’s probably some worry of missing out, some trying to (take) some value while it exists,” stated Rob