Showing posts with label Stocks open sharply higher. Show all posts
Showing posts with label Stocks open sharply higher. Show all posts

Thursday, 11 October 2018

Stocks open sharply higher, rebounding after two-day rout By ASSOCIATED PRESS

Stocks open sharply higher, rebounding after two-day rout
Trader John Panin works on the floor of the New York Stock Exchange. (Richard Drew / Associated Press)
Stocks were up Friday after two days of sharp losses. Major U.S. stock indexes were up more than 1% in early trading, but they're still on track for their biggest one-week loss since late March.
Technology and internet companies were some of the hardest hit over the last two days and they led the market higher Friday. Apple climbed 2.7% to $220.18. Consumer-focused companies also rallied, as Amazon jumped 3.8% to $1,783.96 and Netflix surged 4.7% to $336.30.