Stock Market News for Jun 27, 2022

Published on 27 Jun 2022 on Zacks via Yahoo Finance

Stock Market News for Jun 27, 2022

U.S. stocks ended sharply higher on Friday to record their first weekly advance since May as investors deliberated if markets have hit their lows and reassessed Fed’s aggressive rate hike plans. The rebound rally was led by tech stocks. All the major indexes ended in positive territory.

How Did The Benchmarks Perform?

The Dow Jones Industrial Average (DJI) jumped 2.7% or 823.32 points to finish at 31,500.68 points.

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