U.S. stocks ended a wild week on a higher note with all three major averages rallying into the close Friday.
| FRI, JAN 28, 2022 | | | DOW | NAME | LAST | CHG | %CHG | AAPL | 170.33 | +11.11 | +6.98% | INTC | 47.73 | -0.32 | -0.67% | MSFT | 308.26 | +8.42 | +2.81% | |
| S&P 500 | NAME | LAST | CHG | %CHG | AAPL | 170.33 | +11.11 | +6.98% | AMD | 105.24 | +2.64 | +2.57% | F | 19.54 | +0.09 | +0.46% | | | NASDAQ | NAME | LAST | CHG | %CHG | AAPL | 170.33 | +11.11 | +6.98% | AMD | 105.24 | +2.64 | +2.57% | LCID | 27.15 | -1.55 | -5.40% | | | | U.S. stocks ended a wild week on a higher note with all three major averages rallying into the close Friday. The S&P 500 posted its best session since June 2020, while the Dow Jones Industrial Average notched its best day since Dec. 6. The two indexes each snapped a three-week losing streak. The Nasdaq Composite closed more than 3% higher and finished the week little changed. Stocks have seen big swings each day this week as investors brace for the Federal Reserve to tighten monetary policy. The roller-coaster action in equity markets "is going to continue for quite a while, probably at least the next six weeks until we get to that March Fed meeting," said Victoria Fernandez, Crossmark Global Investments chief market strategist. "There's a reason we've seen all this volatility today … but I'm glad to see that we're kind of ending on the upside here," Fernandez added. "I think it has to do with some of the strong earnings that we had, especially Apple." Apple boosted the major stock averages, jumping nearly 7% on Friday after a banner quarterly report. Its Big Tech peers followed suit, with Microsoft, Amazon and Google-parent Alphabet also rebounding Friday after struggling earlier in the week. |
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