Global markets today, March 17 -- Wall Street indices posted strong gains on Friday as investors seized buying opportunities following the recent US stock market downturn.
The S&P 500 surged 2.13 per cent, while the tech-heavy Nasdaq jumped 2.61 per cent on Friday. However, both indices extended their losing streaks to a fourth consecutive week. The S&P 500 ended the week down 2.3 per cent, while the Nasdaq lost 2.4 per cent.
So far in March, the Nasdaq and the S&P 500 have plunged 6 per cent and over 5 per cent, respectively, amid concerns over the economic impact of President Donald Trump's tariff policy, fears of a looming recession, and overvalued tech stocks.
Published by HT Digital Content Services with permission from MINT....
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