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U.S. Stocks Move Back To The Upside As Bank Credit Concerns Quickly Fade

After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Friday. The major averages all moved to the upside, regaining ground following the downturn seen in the previous session.

The major averages finished the day off their highs of the session but still firmly in positive territory. The Dow advanced 238.37 points or 0.5 percent to 46,190.61, the Nasdaq climbed 117.44 points or 0.5 percent to 22,679.97 and the S&P 500 rose 34.94 points or 0.5 percent to 6,664.01.

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by RTTNews Staff Writer

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