Reported 2 months ago
In a significant turnaround, Wall Street's major indices, including the S&P 500 and Nasdaq, gained nearly 0.5% on Friday, nearly offsetting earlier week losses after a tumultuous trading week marked by highs and lows. This comeback followed a strong labor market report that bolstered investor confidence amid fears from Monday's significant downturn, highlighted by the dramatic rise of the CBOE Volatility Index. Despite the gains, analysts advise caution as concerns over potential economic slowdowns and upcoming inflation reports linger.
Source: YAHOO