- Advertisement -
The Nasdaq marked its biggest intraday comeback since April as Wall Street bought the dip in some key technology and artificial intelligence stocks.
The Nasdaq Composite rose 0.1%. The Dow Jones Industrial Average fell 309 points, or 0.7%. The S&P 500 was down 0.1%.The yield on the 2-year Treasury note rose to 3.61%. The 10-year yield was up to 4.15%.
The Nasdaq at one point was down 1.9% on Friday as Wall Street continued to sell tech stocks. But the index reversed course and marked its largest reversal from an intraday low since April 7, according to Dow Jones Market Data. The S&P 500 was down 1.3% at its low before recovering to positive territory, but it let go of a gain in the final hour of trading.
