The Traderszone Network

Published in TZ Latest News 18 July, 2014 by The TZ Newswire Staff

Stocks Close Sharply Higher; Nasdaq Leads Rebound

The stock market closed higher Friday, patching up the prior day’s sell-off. The Nasdaq jumped 1.6% as biotechs, semiconductors and Internet stocks bounced back. The S&P 500 rebounded 1% and the Dow Jones industrial average recovered 0.7%. Indexes closed near session highs, erasing practically all of Thursday’s deep losses. Volume in the stock market today was higher on the NYSE but lower on the Nasdaq, according to early figures.

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