Wall St ends higher as selloff prompts dip-buying rally


The Dow rose 674.62 points, or 1.65%, to 41,488.19. The S&P 500 advanced 117.42 points, or 2.13%, to 5,638.94 and the Nasdaq gained 451.07 points, or 2.61%, at 17,754.09.

NEW YORK: US stocks rebounded on Friday as investors hunted for bargains at the end of a tumultuous week in which US President Donald Trump's escalating trade war fuelled recession fears and doused risk appetite.

A broad rally boosted all three major US stock indices to solid gains, with recently battered tech-related megacaps enjoying a comeback. Every one of the so-called Magnificent 7 artificial intelligence-related momentum stocks advanced, although six of them remain down on the year.

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