US stocks bounce higher, but still end the week with a loss
Last updated 6/12/2020 at 6:13pm
ALEX VEIGA and DAMIAN J. TROISE
AP Business Writers
Wall Street managed to end a bumpy day broadly higher Friday but still finished with its worst week in nearly three months.
The S&P 500 rose 1.3% a day after dropping nearly 6% in its biggest rout since mid-March. It lost 4.8% for the week, snapping a three-week winning streak for the benchmark index. Small-company stocks and bond yields rose, meaning investors were a bit more willing to take on risk again a day after the sell-off.
The volatility this week interrupted what had been a dramatic rally for the market. After surging Monday, sto...