US STOCKS-Wall Street rallies as Fed jitters ease, but posts weekly loss ...Middle East

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US STOCKS-Wall Street rallies as Fed jitters ease, but posts weekly loss
source : Devdiscourse ( Middle East ) () 10
Wall Street rallied to close sharply higher at the close of a tumultuous week on waning concerns over whether the U.S. Federal Reserve could begin tightening its dovish monetary policy sooner than expected. While all three major U.S. indexes ended solidly green, all posted weekly losses after a steep mid-week sell-off pulled the S&P 500 and the Dow away from a string of record closing highs.

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