Stocks Make Comeback at End of Dizzying Week: Markets Wrap

A rebound in stocks in the final stretch of a wild week drove the market to its biggest back-to-back advance in 2024.

That semblance of calm stands in stark contrast to the recent gyrations that rattled the global financial world. After the many ups and downs — including Monday’s panic selling — the S&P 500 nearly wiped out its losses for the week.

A semblance of calm returns to markets.

Source: Bloomberg

There’s been no shortage of drama in August, hitting a market that was showing signs of exhaustion. Worries about the Federal Reserve being behind the curve after some weak economic numbers left traders on edge. Conflicting ...