US stocks rebound, but still face losses for the week
Damian j. Troise and Alex Veiga, AP Business Writers/ Stocks rose broadly on Wall Street Friday afternoon, though the market remained on track to end a turbulent week of trading with its third straight weekly loss. Financial companies led the buying as the yield on the 10-year Treasury note reversed part of a steep slide a day earlier. Rising yields boost interest rates on loans, which makes lending more profitable. Technology stocks notched solid gains, reversing their sell-off a day earlier. Health care companies also rose. The market has ...
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