After trending lower over the past several sessions, stocks showed a substantial move back to the upside during trading on Friday. With the strong upward move on the day, the Dow snapped a five-session losing streak.
The major averages saw further upside going into the close, ending the session at their best levels of the day. The Dow spiked 658.09 points or 2.2 percent to 31,288.26, the Nasdaq jumped 201.24 points or 1.8 percent to 11,452.42 and the S&P 500 surged 72.78 points or 1.9 percent to 3,863.16.
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