Published on 2 Jun 2024 on TheStreet via Yahoo Finance
There was lots of fretting all week among traders. Interest rates were rising. The economy seemed to be slowing. Stock markets were experiencing more volatility than in prior weeks.
But Friday produced a huge rally in the Dow Jones Industrial Average, a small gain for the S&P 500 Index and tiny losses for the Nasdaq Composite and Nasdaq-100 Indexes.