US stocks open higher but indexes on track for weekly losses amid slowdown fears
U.S. stocks rebounded on Friday, but all three main indexes were on track for weekly declines following a selloff earlier in the week, triggered by fears of a growth slowdown due to the Trump administration’s erratic trade policies.
The Dow Jones Industrial Average rose 244.0 points, or 0.60%, at the open to 41,057.57. The S&P 500 rose 42.3 points, or 0.77%, at the open to 5,563.85, while the Nasdaq Composite rose 220.3 points, or 1.27%, to 17,523.3 at the opening bell.
