New York (AFP)
The New York Stock Exchange, which had started the hesitant session, managed to end the week in the green for the first time in three weeks on Friday, driven by a return of the big names in tech.
The Dow Jones Industrial Average (DJIA) gained 1.34% to 27,173.96 points.
The Nasdaq, with strong technological coloring, advanced 2.26% to 10,913.56 points and the broader S&P 500 index gained 1.60% to 3,298.48 points.
The day before, Wall Street had timidly finished up.
The DJIA advanced 0.20% and the Nasdaq 0.37%.
"The market which had been under pressure for some time was buoyed by the search for bargains on Friday," said Art Hogan of National Holding Corporation.
The shares ended "higher, supported by the technology sector which has tempered recent headwinds," said analysts at Wells Fargo.
“But concerns about the resurgence of coronavirus cases,” especially in Europe, “still cloud the market,” they continued.
In addition, the prospects for an agreement between Democrats and Republicans in the United States for a fifth fiscal stimulus "remain weak", they warned.
Apple (+ 3.75%), Amazon (+ 2.49%), FaceBook (+ 2.12%), Microsoft (+ 2.28%) and Tesla (+ 5.04%) stocks allowed Nasdaq to end the week with solid gains.
Boeing was spiked (+ 6.85% to 156.05 dollars) by the news of a possible return to service in Europe "by the end of the year" of the Boeing 737 MAX, grounded since March 2019 after two fatal accidents.
On the bond market, the 10-year rate on US debt fell to 0.6544%, from 0.6659% Thursday night.
© 2020 AFP