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Dow surges 500 points Friday, but index posts back-to-back weekly losses

News | 2026/08/20 22:02

Dow surges 500 points Friday, but index posts back-to-back weekly losses

Latest stock market developments and economic trends

The U.S. stock markets rose on Friday as investors tried to regain their footing, but the Dow index continues its decline:

The S&P 500 rose 0.43% to close at 7,674.37, while the Nasdaq Composite also climbed 0.43% to 26,180.45. The Dow Jones Industrial Average was up 517.80 points, or 0.98%, supported by gains in healthcare stocks like Merck and Johnson & Johnson:

The financial sector provided a boost to the broader market, with crypto-related stocks seeing significant gains as bitcoin posted a weekly advance of 22%:

This week, U.S. stock markets lost their previous gains, with the Dow index recording back-to-back weekly losses:

The economic situation continues to raise concerns among investors, especially against the backdrop of rising long-term bond yields:

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