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Stocks jump in Wall Street but end week with losses

FXStreet (Córdoba) - US equities posted strong gains on Friday and recovered further after falling sharply on Wednesday. The Dow Jones rose 1.63% (the first gain after falling in the previous six days), the Nasdaq climbed 0.96% and the S&P 500 gained 1.30%.

On Friday, volatility remained low compared to Wednesday and Thursday, but it was another day with indexes moving over 1%. After a strong opening, prices remained steady consolidating gains during the rest of the day.

Despite the rally, main indexes ended the week in negative, with losses of more than 2%. Fears about the global economy weight on stocks but later expectations about economic stimulus helped price erase losses.

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