Stocks on Wall Street shook off a downbeat start and ended broadly higher Friday, though the rebound was not enough to erase their losses for the week.
The Dow Jones industrial average rose 1%, while the tech-heavy Nasdaq gained 0.9% after a sell-off in technology stocks eased. The market’s deep slump this year reflects investors’ anxiety over surging inflation and the possibility that higher interest rates could bring on a recession.Many companies say they’ll help employees access abortion post-Roe. But questions remain about how they’ll handle privacy and potential prosecution.
Source: News Formal (newsformal.com)
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