Dow Rebounds But Fails to Snap Streak of Brutal Weekly Losses
By CCN: The Dow and broader U.S. stock market rallied on Friday, as investors shrugged off dismal factory data amid hopes that the Trump administration would ease restrictions on Huawei, China’s largest telecommunications company. Dow Clings to Friday Recovery All of Wall Street’s major indexes headed for gains in the final session of the week, bouncing back from a brutal Thursday session that saw the Dow drop as much as 448 points. On Friday, the Dow Jones Industrial Average climbed 98.80 points, or 0.4%, to reach 25,589.26. The index opened sharply higher, which reflected a fairly strong pre-session for Dow
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