The Dow Jones Industrial Average on Friday closed up 330 points, or 1.4 percent, after a rocky day that saw it span a range of more than 800 points. Friday's end-of-day buying also boosted the S&P index up 1.5 percent. Overall, the Dow closed Friday down 6.2 percent from Monday’s opening bell.
The Dow traveled some 20,000 points this week, CNBC notes, fluctuations that stem from a strong January jobs report that "sparked … inflation fears and worries that interest rates could rise faster than expected," USA Today writes.
"I just think the market has to find new footing here," Peter Tuz, president of Chase Investment Counsel, told Reuters. "We are in very sloppy territory."
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