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Wall Street ends first day of third quarter with solid rebound | 2022-07-02 09:03:14

Wall Street on Friday bounced back to a sharply higher close in light trading, as investors embarked on the second half of the year ahead of a long holiday weekend. All three major US stock indices reversed early losses to close well into positive territory in the wake of the stock market’s worst first half in decades. However, all three posted losses for the week. “We’re headed into the holiday weekend and having a late-day relief rally, but we’ll likely have to wait until investors return from the holiday weekend to see if it’s sustainable at the start of the new quarter,” said

All three major US stock indexes reverse early losses to end well into positive territory. Read more at straitstimes.com.

Wall Street rallied to close higher on Friday in light trading, with investors heading into the long holiday weekend and embarking on the second half of year looking for the next market-moving catalyst.

All three major US stock indexes reverse early losses to end in positive territory