Dow jumps more than 470 points Friday; stocks notch winning week despite Treasury yield surge: Live updates - cnbc.com — SkimNews
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- The Dow Jones jumped more than 470 points Friday, with US stocks notching a winning week despite a Treasury yield surge that rattled markets through the period (CNBC)
- All three major US indices — the Dow, S&P 500, and Nasdaq — rose Friday as investors shook off bond sell-off worries, with WSJ framing the move as yields subsiding and stocks breathing easier (WSJ, Yahoo Finance)
Why it matters: Treasury yields had surged earlier in the week on bond sell-off fears, threatening to derail the equity rally; by Friday yields subsided enough for the Dow to add 470+ and the S&P 500 and Nasdaq to also close higher, turning a contested week into a winning one for stocks.
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