Dow jumps 600 points, S&P 500, Nasdaq surge but still end the week with losses

^GSPC) climbed more than 2% after the benchmark index sank on Thursday to close in correction territory. The Nasdaq Composite (^IXIC) jumped over 2.6% as tech stocks soared.

The broader-based index sank on Thursday to close in correction territory. TheNasdaq Composite (NASDAQ:IXIC) had its best day since the day after the election, rising 2.6% as tech stocks soared. TheDow Jones Industrial Average (NYSE:DJI) moved up more than 600 points, or 1.6%.

Both theNasdaq Composite (NASDAQ:IXIC) and theS&P 500 (NYSE:GSPC) slid more than 2% for the week as tech stocks continued to struggle. The broader-based index entered correction territory, defined by a 10% drop from recent highs.

The tech-heavy index and the S&P 500 both posted their worst days since November 2020, the day after the US election, as broader market sell-off continued.

Schumer backed off a threat to block a funding bill aimed at averting a government shutdown at the weekend.

(GC=F) broke above $3,000 an ounce for the first time amid warnings about the economic damage from Trump’s tariffs. On Thursday, Trump said he didn't plan to "bend at all" in the escalating round of tit-for-tat tariffs with America's biggest trading partners.

details of that data could give policymakers pause for thought.

came in at 57.9 on Friday, well below expectations of 63.

Dow jumps 600 points, S&P 500, Nasdaq surge but still end week with losses

(NYSE:GSPC) climbed more than 2% after the broad-based index sank on Thursday to close in correction territory. TheNasdaq Composite (NASDAQ:IXIC) had its best day since the day after the election, rising 2.6% as tech stocks soared. TheDow Jones Industrial Average (NYSE:DJI) moved up more than 600 points, or 1.6%.

Nasdaq Composite on pace for its best day since January

(NASDAQ:IXIC) was trading near session highs, on pace to see its best day since January. Tech stocks led the gains as all three major averages rebounded to cap a volatile week on Wall Street. However, the Dow, S&P 500, and Nasdaq were on track to end the week lower.

(NYSE:GSPC) were in green territory during Friday's session with most assets posting gains.

Oil jumps 1% to close out week little changed

CL=F futures rose to settle above $67 per barrel, while Brent (BZ=F), the international benchmark price, rose above $70 per barrel.

indicated Moscow would support a US-led ceasefire in principle, but some issues would need to be discussed.

Cybersecurity firm Rubrik CEO: 'We see continued strong demand'

more here.

Tech leads bounce back, but sector still on track to end week with losses

XLK) jumped nearly 3% during Friday's session, followed by Energy (XLE), Financials (XLF), and Consumer Discretionary (XLY) as the broader market gained.

XLY) and Tech stocks were still on track to close out the week with losses as the 5-day chart below shows

Nasdaq jumps to session highs as tech rebounds

NVDA) surged more than 5% as the AI chip heavyweight was on track to close out the week with 7% gains.

TSLA) gained more than 3% during the session. Meta (META), Microsoft (MSFT), and Amazon (AMZN) also rose more than 2%.

DocuSign stock surges 18% on better-than-expected Q4 earnings

DOCU) soared over 18% as of midday trading on Friday after the electronic signature company beat earnings and revenue estimates and more customers adopted its artificial intelligence offerings.

Brian Sozzi writes, DocuSign's business remained brisk despite rising concerns of an economic growth slowdown in the US.

Morning Brief on Friday. "So at this point, we haven't seen any impact of the recent volatility."

Read the DocuSign earnings breakdown here.

Wall Street bull Brian Belski argues 'it is inappropriate to be changing forecasts for the sake of uncertainty and fear'

(NYSE:GSPC) entered correction territory, defined by a 10% drop from recent highs.

Bitcoin hovers near $83,000 amid market rebound

BTC-USD) rose above $83,000 per token on Friday amid an overall market rebound.

Gold reaches $3,000 as trade war escalates, economic uncertainty rises

Ines Ferré reports:

Read more here.

Inflation expectations soar as consumer sentiment tumbles in March

University of Michigan consumer sentiment survey released Friday showed sentiment hit its lowest level since November 2