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VOL. 47 | NO. 10 | Friday, March 3, 2023
Stocks rally, close out their first winning week in last 4
The Associated Press
NEW YORK (AP) — Stocks rallied on Wall Street, climbing to their biggest gain in six weeks.
The S&P 500 jumped 1.6% and marked its first winning week in the last four.
Big gains for tech giants like Apple helped propel the Nasdaq composite to an even bigger gain of 2%.
The Dow Jones Industrial Average also rose. The gains came as easing bond yields took some pressure off of the stock market.
Stocks have found their feet following a swift rise and fall to start the year.
Reports on the economy were mixed, which helped to slow the swift recent ascent for Treasury yields.