Skip to content

Stock Traders Buy the Dip at End of Jittery Week: Markets Wrap

  • Kaplan may adjust asset-purchase view if Delta curbs recovery
  • All major S&P 500 groups advance; Fangs halt five-day slide
Updated on

Stocks climbed as dip buyers resurfaced at the end of a week marked by a surge in global volatility.

All major groups in the S&P 500 advanced, while the NYSE FANG+ Index of giants such as Apple Inc. and Facebook Inc. halted a five-day slide. Chinese shares listed in the U.S. rallied Friday, but still suffered their longest streak of weekly losses in a decade. Both the dollar and Treasuries were little changed.