India, March 21 -- After moving sharply lower early in the session, stocks showed a significant recovery over the course of the trading day on Friday. The major averages climbed well off their worst levels of the day and into positive territory.
The tech-heavy Nasdaq saw a notable advance going into the close, ending the day up 92.43 points or 0.5 percent at 17,784.05 after tumbling by as much as 1.2 percent in early trading.
The Dow and the S&P 500 posted more modest gains. The Dow inched up 32.03 points or 0.1 percent to 41,985.35 and the S&P 500 crept up 4.67 points or 0.1 percent to 5,667.56.
With the turnaround on the day, the major averages closed higher for the week. The Dow jumped by 1.2 percent, while the S&P 500 and the Nasdaq ...