US stocks recover after worst week in 2 years, Dow closes up over 400 points

iStock/Thinkstock(NEW YORK) — Last week was Wall Street’s worst in about two years, but U.S. stocks managed to recover and close in the green for a second straight day.

The Dow Jones Industrial Average climbed 410.37 (+1.70 percent) to finish the session at 24,601.27.

The Nasdaq jumped 107.47 (+1.56 percent) to close at 6,981.96, while the S&P 500 finished trading at 2,656.00, up 36.45 (+1.39 percent) for the day.

Crude oil prices were little changed at about $59 per barrel.

Winners and Losers: 
DowDuPont and Apple were among the Dow’s best-performing stocks. Shares of DowDuPont soared 3.40 percent and Apple climbed 4.03 percent.

Clothing brand Guess’s stock (-5.25 percent) continues to plummet after supermodel Kate Upton accused co-founder Paul Marciano of sexual misconduct. The brand announced Friday it would investigate the allegations.

Copyright © 2018, ABC Radio. All rights reserved.


Uber suspends self-driving car tests after pedestrian death Nike president retiring as the company addresses workplace behavior concerns Owner of dog mistakenly flown to Japan ‘likely’ to take legal action against United Airlines A media giant in the balance: AT&T antitrust trial kicks off Radio giant iHeartMedia files bankruptcy plan to reduce debt How do you make a cruise ship longer? Cut it in half