Updated from 4:17 p.m. EDT
Stocks rebounded from deep losses Friday to close near break-even and bring all three major stock indices into positive territory for a week that saw panic about the credit market roil the global financial system.
After being down more than 200 points on Friday morning, the Dow Jones Industrial Average closed down just 31.14 points, or 0.2%, to 13,238.54. The S&P 500 eked out a gain of 0.55 points to close at 1,453.64. The Nasdaq Composite shed 11.6 points, or 0.4%, to 2,544.89.
Stocks battled back in a volatile session with heavy trading volume after plunging on Thursday, but not until the Federal Reserve moved in by injecting $38 billion in liquidity into the system to keep rates from rising above its target level. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,464.40 | 1,110.63 | 2,176.05 | 32.79 |
Oil *
77.05
|
|
UP
30.69
|
UP
4.98
|
UP
6.87
|
DOWN
0.38
|
10 Yr
3.28%
SPDR Gold
116.62
|
|
+0.29%
|
+0.45%
|
+0.32%
|
-1.15%
|
Data delayed 20 minutes |


Connect with TheStreet