How much of Thursday’s losses did Friday’s rebound make back?
The Nasdaq rose 1.1% to 24,579.42, the S&P 500 gained 0.3% to 7,376.86, while the Dow actually fell 0.5% to 51,285.73. For the week, it was still the worst since June: the S&P 500 fell 2.7% and the Nasdaq dropped 3.4%.
The rebound was led by chip stocks. AMD rose 11.5% on Friday after plunging 17% on Thursday; Nvidia gained about 3% after falling 9% Thursday. The VIX retreated from 28.18 to around 24.6. $BTC was still languishing at $75,800, not keeping up.
The Nasdaq rose 1.1% to 24,579.42, the S&P 500 gained 0.3% to 7,376.86, while the Dow actually fell 0.5% to 51,285.73. For the week, it was still the worst since June: the S&P 500 fell 2.7% and the Nasdaq dropped 3.4%.
The rebound was led by chip stocks. AMD rose 11.5% on Friday after plunging 17% on Thursday; Nvidia gained about 3% after falling 9% Thursday. The VIX retreated from 28.18 to around 24.6. $BTC was still languishing at $75,800, not keeping up.