(CNBC) Stocks rose sharply in volatile trading Friday as Wall Street tried to rebound from the sharp losses suffered in the previous session — the worst since the “Black Monday” market crash in 1987.
The Dow Jones Industrial Average traded 1,301 points higher, or 6.2%. The S&P 500 was up 6.5% while the Nasdaq Composite surged 6.1%.
The major averages rallied to their session highs after President Donald Trump also said 50,000 new coronavirus tests will be available next week.
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