Economy / Markets
Wall Street steadies after the rout but still posts a bruising week
The S&P 500 rose 0.3 percent to 7,376.86 on Friday and the Nasdaq Composite gained more than 1 percent, while the Dow fell 0.4 percent, leaving the S&P 500 with its worst week since June. The rebound followed a Thursday session in which the index fell more than 4 percent and about $3 trillion of market value disappeared, the sharpest drop since April 2025. Chip shares led the recovery as investors weighed the midterm result and the pace of data-centre spending.