Dow closes up over 300 points Friday after volatile week
U.S. stock indexes on Friday finished sharply higher, wrapping up a volatile week for Wall Street, marked by concerns about weakening corporate earnings and uncertainty over the health of the U.S. and global economy. The Dow Jones Industrial Average [: DJIA] closed up 307 points, or 1.2%, to 25,886, the S&P 500 index SPX, +1.44% ended 1.4% higher to 2,889, while the Nasdaq Composite Index COMP, +1.67% closed 1.7% higher at 7,896 . For the week, however, the Dow finished 1.
The Dow marked its eighth move of at least 1% so far this month, the most 1% moves since December 2018 when it had 12, according to Dow Jones Market Data. Investors will be looking for guidance from central-bank policy makers next week when Federal Reserve officials are slated to meet at the Jackson Hole symposium on Thursday, a day after minutes from the Fed's July 31 policy gathering is released.
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