Dow rises 300 points, but Wall Street still on pace for its biggest weekly loss in 3 months

[Yo_Mama_Been_Loggin]

Stocks rose on Friday in volatile trading as traders tried to regain some of the sharp losses from the previous session. The major averages, however, were on pace to post big losses for the week.

The Dow Jones Industrial Average gained 322 points, or 1.25%, but had traded over 800 points higher earlier in the day. The S&P 500 was up 0.75% while the Nasdaq Composite gained 0.5%.

For the week, the Dow and S&P 500 were both down at least 5% while the Nasdaq had lost over 2.5%.

The names fates hinge on a successful reopening of the economy rose, but were off their session highs. Delta Air Lines was up 9.6% after jumping 13%. Carnival Corp. was up 10.3%, but had rallied more than 15%.

https://www.msn.com/en-us/money/markets/dow-rises-300-points-as-wall-street-recovers-from-worst-sell-off-since-march/ar-BB15amBi?li=BBnbfcN&ocid=hplocalnews

So much winning.

[soothsayer]

1. Guv Cuomo was just on saying it's the Covid rise

Cases go up, Dow goes down.

Dunno. To me, the market is irrational and hysterical, but I’m sure it makes sense to insiders.

[jimfields33]

2. That's pretty funny. Biggest loss in 3 months?

It was at of almost at another historic high last week. It needed to take a breath. I think reporters just like to listen to themselves.