The Chicago Entrepreneur

Stocks open higher as Dow heads for longest weekly losing streak since 1932

Stocks opened higher Friday, attempting to bounce at the end of what’s shaping up to be another losing week for major indexes. The Dow Jones Industrial Average was up 217 points, or 0.7%, at 31,470, while the S&P 500 gained 0.9% to trade at 3,936. The Nasdaq Composite was up 1.2% near 11,522. The Dow and S&P 500 closed Thursday at their lowest since March 2021. The Dow was on track for a 2.3% weekly fall, which would be its eighth straight and the longest since 1932, according to Dow Jones Market Data.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Previous post Zymeworks rejects ‘unsolicited, opportunistic’ buyout bid by UAE-based All Blue Falcons
Next post Match withdraws restraining order after Google agrees to ‘various concessions’