New York CNN —
US stocks rallied Friday as investors tried to stage a rebound to finish a rocky week, though all three major indexes were still on track to close the week in the red.
The Dow rose 530 points, or 1.3%, in afternoon trading, pulling back from surging as much as 670 points earlier. The broader S&P 500 rose 1.7% and the Nasdaq Composite gained 2.1%.
The rebound comes after a steep decline on Thursday that saw the S&P 500 close in correction territory, down more than 10% from its recent high, for
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