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Saturday, July 13, 2024

Dow up 600 points as stocks aim to snap 4-day losing streak after Apple earnings, jobs report

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U.S. stocks rose sharply Friday afternoon, after four days of losses, as shares of regional banks rebounded and the main indexes rallied after strong April jobs data and Apple Inc.’s better-than-forecast earnings report.

How stocks are trading

For the week, the Dow is on track to fall 1.1%, the S&P 500 is heading for a 0.6% decline and the Nasdaq is on pace to edge up 0.3%, according to FactSet data, at last check.

What’s driving markets


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