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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...



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