The stock market’s Friday rally picked up some steam as afternoon trading rolled on. The Dow was up 350 points, or 0.8%, around 2:30 p.m. ET. The S&P 500 was up 1.3%. The Nasdaq Composite was up 1.7%.
U.S. stock markets closed mixed on Wednesday as market participants remained concerned regarding the forward trajectory of both inflation and interest rates. Moreover, treasury yields remained ...