NEW YORK: Global shares rose on Friday as Wall Street rallied to end a volatile week of trading, while oil jumped 4% on the back of record-high U.S. gas prices.
Global markets and U.S. stocks were down sharply most of this week as investors grew anxious about the possibility of recession. The S&P 500 index .SPX is off nearly 20% from its all-time high in January and was close to a bear market on Thursday. .N
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