New York (AFP)

Wall Street ended in the green Friday after a week marked by high volatility and fears of a slowdown in the global economy.

Its flagship index, the Dow Jones Industrial Average, gained 1.20% to 25,886.01 points.

The Nasdaq, with strong technological color, took 1.67%, to 7,895.99 points.

The broad S & P 500 index gained 1.44% to 2,888.68 points.

Over the week, the main indices of the New York Stock Exchange all declined for the third week in a row: the Dow Jones yielded 1.53%, the Nasdaq 0.8% and the S & P 500 1.03%.

Wall Street had plunged into the red Wednesday and the Dow Jones had had its worst meeting of the year while a panic had blown in the stock market.

The interest rate on 10-year US Treasury bills had temporarily fallen below that of two-year bills, a phenomenon known as "inversion of the yield curve" and generally considered a leading indicator of recession .

But Friday, the New York Stock Exchange was on the rise, the 11 sub-indices representing the various sectors of the S & P 500 ending in the green.

The banking sector was one of the main beneficiaries of this recovery, with a 1.9% increase in the financial sub-index. Bank of America gained 3% and Citigroup rose 3.5%.

"Volatility continues, but I do not think it's the beginning of a trend," said Maris Ogg of Tower Bridge Advisors.

"The market is still facing disappointing quarterly results, particularly in the industrial sector, but also the impact of US tariffs and deceleration in Europe and China," said Ogg.

Market players were on the lookout for the slightest development in the trade war between Beijing and Washington.

On Friday, President Donald Trump's senior adviser on trade, Peter Navarro, said trade talks with China "are moving forward".

Navarro, however, accused Beijing of "slashing its prices and devaluing its currency by 12 percent" in order to thwart tariffs imposed by the Trump administration.

In the bond market, the interest rate on the ten-year US debt, which fell on Thursday to its lowest in three years, rose to 1.56% around 20:20 GMT.

© 2019 AFP