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Market Snapshot: Stocks rally to close higher but log worst week since March

U.S. stocks rose to close higher on Friday, with equities rebounding from a multiday rout that slashed 1,400 points from the Dow Jones Industrial Average at its worst and left the Nasdaq on the precipice of a correction.

How did the benchmarks fare?

The Dow Jones Industrial Average DJIA, +1.15% whipsawed but ended the day up 287.16 points, or 1.2, to 25,339.99. Earlier in the day, the Dow flirted with another day of losses, turning red after hitting a session high of 25,467.55.

The S&P 500 SPX, +1.42% added 38.76 points, or 1.4%, to 2,767.13, snapping a six-day losing streak, its longest such stretch of losses since a nine-day drop that ended in November 2016.

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