Dow rallies 300 points Friday as Wall Street heads for a weekly gain: Live updates

  • by:
  • Source: AZ GOP
  • 03/03/2023

Stocks rose Friday as rates eased from their recent highs, as Wall Street aimed for a winning weekly performance.

The Dow Jones Industrial Average rose 313 points, or 1%. The S&P 500 climbed 1.1% and the Nasdaq Composite gained 1.3%.

The yield on benchmark 10-year Treasury note dipped below the key 4% level. Traders have been watching 4% as the key level on the 10-year that could trigger another down move in stocks. At times this week when the 10-year rate rose above that point, stocks retreated.

Source: CNBC

Recent News

03/24/2023
image
Korean electronics giant LG announces huge expansion of plans for battery factory in Queen Creek

By: Russ Wiles

LG Energy Solution said it will quadruple its initial budget for a battery manufacturing plant in Queen Creek and now plans to spend $5.5 billion for the project, which will create thousands of jobs and could become the largest stand-alone battery complex in North America.

read more
03/23/2023
image
Court gives Lake last chance to prove election compromised

By: Howard Fischer

The state’s high court has given Kari Lake one last chance to prove that the results of the 2022 gubernatorial election should be overturned.

read more
03/20/2023
image
Maricopa County approves funding for homelessness program in Surprise

By: KTAR NEWS

Maricopa County approved funding for temporary emergency shelter services for the homeless in the Surprise area.

read more

Latest Video

02/23/2023
image
Chairman Jeff DeWit's Biography

By: AZGOP

Meet your new Republican Party of Arizona Chairman, Jeff DeWit!

read more
© 2023 AZ GOP