Wall Street closed another volatile week with a broad stock rally, but it wasn’t nearly enough to keep the market from its sixth straight weekly drop.
Wall Street closed out another volatile week of trading with a broad rally Friday, though it wasn’t nearly enough to keep the market from its sixth straight weekly drop, the longest such streak since 2011.
in its delicate mission of slowing the economy enough to rein in the highest inflation in four decades without causing a recession. The S&P 500 rose 93.81 points to 4,023.89. The index is now down 15.6% for the year. The Dow advanced 466.36 points to 32,196.66, while the Nasdaq rose 434.04 points to 11,805.
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