NEW YORK: U.S. stocks shed the sour tone that plagued equities all week on Friday, with a rally that broke a six-day losing streak.
Major indexes surged more than 1 percent, lifted by Chinese growth figures that eased concerns about a slowdown and earnings from JPMorgan Chase & Co that assuaged fears about the long-term impact of trading losses that cost the bank $5.8 billion for the year.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!