S&P has best day since November as does Dow with 700 point jump

  • S&P has best day since November as does Dow with 700 point jump

    U.S. stocks rallied across the board with the Dow Jones Industrial Average and the S&P 500 posting the best session since November 2022, while the Nasdaq Composite registered its best showing since December. Investors celebrated a string of economic data, including jobs and services, that showed a slight pullback signaling the Federal Reserve's rate hikes may be kicking in. In commodities, for the week oil lost 8% closing at $73.77 per barrel.

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