All three major U.S. indexes closed up more than 1 per cent, with the Dow posting its biggest one-week drop since late October
U.S. stocks opened lower and higher, the three major indices closed up more than 1%. The Dow rose 1.18%, this week's cumulative loss of 2.25%, recorded a weekly 3 consecutive losses; the Nasdaq rose 1.09%, this week's cumulative loss of 1.99%, 2 weeks in a row; S&P 500 index rose 1.03%, this week's cumulative loss of 1.78%. Among them, the Dow hit the biggest single-week decline since late October, the S&P 500, the Nasdaq are the biggest single-week decline in 1 month.
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