Stock market today: Dow, S&P 500 soar, Nasdaq rebounds in best day since January to cap volatile week

^GSPC ^DJI ^IXIC

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

  US stocks rebounded sharply to adjacent close the highs of the league connected Friday to headdress a volatile week connected Wall Street though each 3 large averages inactive closed retired the week with losses.

  The S&P 500 (^GSPC) climbed much than 2% aft the broad-based scale sank connected Thursday to adjacent successful correction territory. The Nasdaq Composite (^IXIC) had its champion time since the time aft the election, up 2.6% arsenic tech stocks soared. The Dow Jones Industrial Average (^DJI) climbed much than 600 points, oregon 1.6%.

  The hazard of a authorities shutdown faded portion investors were connected alert regarding immoderate further tariff developments from the Trump medication aft this week's marketplace action.

  Despite Friday's rally, each 3 large gauges registered play losses of much than 2%, with the Dow suffering its worst week since 2023.

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  Nasdaq Composite connected gait for its champion time since January

  With conscionable 20 minutes near of trading connected Friday, Nasdaq Composite (^IXIC) was trading adjacent league highs, connected gait to spot its champion time since January. Tech stocks led the gains arsenic each 3 large averages rebounded to headdress a volatile week connected Wall Street. However, the Dow, S&P 500, and Nasdaq were connected way to extremity the week lower.

  All eleven sectors of the S&P 500 (^GSPC) were successful greenish territory during Friday's league with astir assets posting gains.

  Nasdaq GIDS - Delayed Quote • USD

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  Oil jumps 1% to adjacent retired week small changed

  Oil jumped connected Friday arsenic prices held comparatively dependable for the week arsenic traders assessed tariff uncertainty on with continuing efforts to extremity the Ukraine war.

  West Texas Intermediate (CL=F) futures roseate to settee supra $67 per barrel, portion Brent (BZ=F), the planetary benchmark price, roseate supra $70 per barrel.

  On Thursday, Russian President Vladimir Putin indicated Moscow would enactment a US-led ceasefire successful principle, but immoderate issues would request to beryllium discussed.

  "Most traders inactive consciousness immoderate benignant of a bid woody is adjacent which would apt adhd Russian barrels to the market," Dennis Kissler, elder vice president astatine BOK Financial, wrote said successful a enactment connected Friday.

  "Technically WTI April crude remains successful a choppy benignant of commercialized torn betwixt tariffs weakening planetary request and tighter US retention numbers with the opening of driving season," helium added.

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  Cybersecurity steadfast Rubrik CEO: 'We spot continued beardown demand'

  Yahoo Finance's Brian Sozzi:

  Read much here.

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  Tech leads bounce back, but assemblage inactive connected way to extremity week with losses

  Tech led the rebound connected Friday, but was inactive connected way to extremity the week with losses. The S&P 500 Tech Sector (XLK) jumped astir 3% during Friday's session, followed by Energy (XLE), Financials (XLF), and Consumer Discretionary (XLY) arsenic the broader marketplace gained.

  Despite Friday's crisp rally, Consumer Discretionary (XLY) and Tech stocks were inactive connected way to adjacent retired the week with losses arsenic the 5-day illustration beneath shows

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  Nasdaq jumps to league highs arsenic tech rebounds

  Tech stocks rebounded connected Friday, starring the Nasdaq to summation much than 2.3% to headdress a volatile week connected Wall Street.

  Nvidia (NVDA) surged much than 5% arsenic the AI spot heavyweight was connected way to adjacent retired the week with 7% gains.

  Meanwhile, the remainder of the "Magnificent Seven" stocks gained connected Friday but were inactive headed toward play losses.

  EV elephantine Tesla (TSLA) gained much than 3% during the session. Meta (META), Microsoft (MSFT), and Amazon (AMZN) besides roseate much than 2%.

• DocuSign banal surges 18% connected better-than-expected Q4 earnings

  Shares of DocuSign (DOCU) soared implicit 18% arsenic of midday trading connected Friday aft the physics signature institution bushed net and gross estimates and much customers adopted its artificial quality offerings.

  As Yahoo Finance's Brian Sozzi writes, DocuSign's concern remained brisk contempt rising concerns of an economical maturation slowdown successful the US.

  "As I looked astatine our February numbers, for example, our transaction volumes were beauteous overmuch connected people with what we had expected — not seeing immoderate large interaction there," Thygesen said connected Yahoo Finance's Morning Brief connected Friday. "So astatine this point, we haven't seen immoderate interaction of the caller volatility."

  Read the DocuSign net breakdown here.

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

  In a caller enactment to clients published Friday, BMO main concern strategist Brian Belski — 1 of the Street's staunchest bulls who was speedy to telephone the marketplace turnaround backmost successful 2022 — argues that the uncertainty and fearfulness of this marketplace infinitesimal is nary crushed to rip up your presumption connected markets and the economy.

  "Given the accrued antagonistic banter and galore macro forecasts being revised to the downside, we person been inundated by clients connected not lone our opinion, but much straight — wherefore we are NOT changing our view," Belski wrote.

  In summation to not knowing the process of different firms and arguing that company-specific trends are being extrapolated to the wide market, Belski added: "Unfortunately, uncertainty generates emotion, which comes from fear. ... To beryllium blunt, we judge it is inappropriate to beryllium changing forecasts for the involvement of uncertainty and fear."

  On Thursday, the S&P 500 (^GSPC) entered correction territory, defined arsenic a 10% driblet from caller highs.

  "We cognize that corrections bash not needfully equate to carnivore markets," Belski added.

  More broadly, Belski sees the mode the marketplace has acted implicit the past 2 years — fundamentally going up unabated amid AI enthusiasm and riding the question of a beardown system — arsenic having acceptable america up for the existent infinitesimal of instability.

  Here's Belski, with the wealth punctuation connected wherever things basal successful his team's caput arsenic we caput toward the extremity of a unsmooth week for markets:

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  Bitcoin hovers adjacent $83,000 amid marketplace rebound

  Bitcoin (BTC-USD) roseate supra $83,000 per token connected Friday amid an wide marketplace rebound.

  The world's largest cryptocurrency has been range-bound implicit the past week fluctuating betwixt $77,000 and $84,000 arsenic investors reacted to the Trump administration's tariff policies and increasing worries of an economical slowdown.

  "As the marketplace recovers from the turmoil caused by tariffs and becomes much definite astir the absorption of commercialized policy, cryptocurrencies whitethorn find themselves successful a amended spot than they were previously," Samer Hasn, a elder marketplace expert astatine XS.com, said connected Friday.

• Gold reaches $3,000 arsenic commercialized warfare escalates, economical uncertainty rises

  Yahoo Finance's Ines Ferré reports:

  COMEX - Delayed Quote • USD

  As of 4:01:30 PM EDT. Market Open.

  Read much here.

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  Inflation expectations soar arsenic user sentiment tumbles successful March

  Consumer sentiment tumbled successful March, arsenic the impacts of President Trump's tariff policies and elevated prices stay a apical interest for Americans.

  The latest University of Michigan user sentiment survey released Friday showed sentiment deed its lowest level since November 2022. The scale slid to a speechmaking of 57.9, beneath the 64.7 seen past period and the 63 expected by economists.

  Pessimism implicit the ostentation outlook soared again successful March arsenic one-year ostentation expectations jumped to 4.9% from 4.3% the period prior. Just 2 months ago, consumers had lone expected ostentation of 3.3% implicit the adjacent year.

  Long-run ostentation expectations, which way expectations implicit the adjacent 5 to 10 years, climbed too, hitting 3.9% successful March, up from 3.4% successful February. This marked the largest month-over-month summation successful long-run ostentation expectations since 1993.

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  Elon Musk’s Tesla says it could beryllium targeted by retaliatory tariffs

  Tesla (TSLA) shares slumped recently, erasing post-Election Day gains, and closed down astir 3% Thursday. Tesla warned that retaliatory tariffs could wounded its operations and urged the US to rethink commercialized policies.

  CNN Reports:

  Read much here

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  Dow, S&P 500, Nasdaq rebound from brutal sell-off

  Stocks rebounded connected Friday pursuing steep losses successful the anterior league arsenic the hazard of a US authorities shutdown waned and investors eyed the escalating commercialized war.

  The S&P 500 (^GSPC) roseate astir 0.9% aft the scale closed successful correction territory connected Thursday. The tech-heavy Nasdaq Composite (^IXIC) gained much than 1.1%, portion the Dow Jones Industrial Average (^DJI) roseate 0.6%.

  SNP - Delayed Quote • USD

  ^GSPC ^DJI ^IXIC

  Investors are keeping a adjacent oculus connected the commercialized war, which has acceptable each 3 large averages connected gait to extremity the week lower.

  Gold is acceptable to beryllium the large victor this week aft crossing $3,000 an ounce for the archetypal time. The precious metallic is connected way for a 2nd week of gains arsenic investors flock to the harmless haven amid tariff uncertainties and expectations that the Federal Reserve volition commencement cutting involvement rates again.

  COMEX - Delayed Quote • USD

  As of 4:01:30 PM EDT. Market Open.

• Stock funds spot biggest play outflow this year: BofA

  Reuters reports:

  Read much here.

• China stocks leap to deed multi-month high

  China's banal benchmark closed astatine its highest since mid-December amid increasing optimism for much Beijing argumentation enactment and a rising appetite for Chinese names from planetary investors.

  Shanghai's CSI 300 jumped 2.4% arsenic investors dived into user stocks. Meanwhile, the Hang Seng China Enterprises scale (^HSCE) successful Hong Kong finished with a 2.7% gain.

  China's authorities are seen arsenic poised to bring successful policies to boost user spending and confidence, aft the fiscal regulator laid retired plans to promote banks to connection loans.

  But Beijing appears to beryllium struggling to find ways to conscionable its spending targets, adjacent arsenic Elon Musk-led DOGE successful the US shoots for $1 trillion successful spending cuts. The hazard of economical harm from President Trump's tariff hikes besides looms large.

  At the aforesaid time, recession worries sparked by that commercialized warfare are driving planetary investors to instrumentality screen successful an antithetic haven, Chinese stocks, analysts suggest. The stocks are trading 30% nether their 2021 highs, portion the 17% summation for Hong Kong's Hang Seng (^HSI) since Trump's predetermination acold outshines the S&P 500's (^GSPC) 9% drop

• This S&P 500 correction is the fifth-fastest since 1950

  Yahoo Finance's Josh Schafer writes successful today's Morning Brief:

• Tesla banal rises aft study of cheaper Chinese Model Y

  Tesla (TSLA) shares moved up 1.7% successful premarket trading, clawing backmost a chunk of Thursday's 3% nonaccomplishment aft a study that the EV shaper is readying a lower-cost Model Y for China.

  The smaller mentation of Tesla's best-selling exemplary volition outgo astatine slightest 20% little to manufacture, Reuters reported.

  The program is simply a bid to regain marketplace stock successful China, wherever Tesla has mislaid a batch of ground. Its shares person dropped implicit 30% successful the past period arsenic income slid successful Europe, too, and amid dismay astatine CEO Elon Musk's relation connected President Trump's team. The banal has erased each its post-election gains.

  Meanwhile, Trump's tariff argumentation is causing interest astatine Tesla, which has signaled it's disquieted that an escalating tit-for-tat commercialized warfare volition ramp up its manufacturing costs.

  Read much here.

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  Good morning. Here's what's happening today.

• Gold reaches grounds heights

  Gold (GC=F) struck a caller grounds precocious Friday arsenic haven request is pushed by tariff uncertainty and mounting commercialized warfare tensions.

  COMEX - Delayed Quote • USD

  As of 4:01:30 PM EDT. Market Open.

  Reuters reports:

  Read much here.

• Trending tickers successful after-hours trading

  Ulta Beauty (ULTA)

  The banal of quality retailer Ulta Beauty surged implicit 6% aft the institution surpassed expectations successful its net performance. Ulta rannounced net of $8.46 per stock and gross of $3.49 billion, exceeding analysts’ forecasts of $7.12 per stock and $3.46 cardinal successful revenue.

  Rubrik (RBRK)

  Stock successful the information absorption institution jumped 16% pursuing an exceptional fourth-quarter report. Rubrik generated $258 cardinal successful revenue, exceeding analysts' estimates of $233 million.

  DocuSign (DOCU)

  DocuSign saw a emergence of 12% aft posting stronger-than-expected fourth-quarter earnings. The physics signature supplier earned an adjusted 86 cents per share, somewhat supra analysts’ expectations of 85 cents. Revenue totaled $776 million, surpassing the anticipated $761 million.