Stocks rise on Wall Street, trimming their weekly losses

Stocks rise on Wall Street, trimming their weekly losses

2 years ago
Anonymous $dEyjbtEkMr

https://apnews.com/ef6bf99b1ef0a2bcda48d9fd0d1bb676

Stocks rose in afternoon trading on Wall Street Friday, potentially trimming losses for some of the major indexes this week.

The S&P 500 rose 1.2% as of 12:13 p.m. Eastern. The gains pulled the benchmark index up as it hovers near what market watchers call a “correction”, which is when an index sheds more than 10% of its value from a record high. The index hit its latest record on Jan. 3.