Stocks rebound after sell-off but remain on pace for weekly decline: Live updates
Stocks rose on Friday as investors tried to find their footing following a steep sell-off driven by rising Treasury yields.
AI Summary
Stocks rebounded on Friday after a significant sell-off, with the broad market index and Nasdaq Composite each rising 0.7%. The Dow Jones Industrial Average increased by 476 points, supported by gains in the healthcare sector. Despite the uptick, markets are still on track for weekly declines, influenced by rising Treasury yields and investor concerns about inflation.