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

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