Wall Street bounces back as tech stocks recover and bitcoin stops plunging
NEW YORK (AP) — Technology stocks are recovering some of their losses on Friday, and bitcoin has halted its plunge, as Wall Street bounces back from big losses taken earlier in the week, at least for now.
The S&P 500 rose 0.9% and was heading for just its second gain in the last eight days. The Dow Jones Industrial Average was up 610 points, or 1.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.7% higher.
Chip companies helped drive the gains, and Nvidia rose 2.9% to trim into its loss for the week...