U.S. stock benchmarks held in positive territory midday Friday, but traded well off their opening peaks, as Wall Street attempted to recapture losses from the sharpest selloff for the market since mid-March on Thursday.
How are benchmarks faring?
The Dow Jones Industrial Average US:DJIA gained 202 points, or 0.8%, to trade at around 25,330 early afternoon after earlier touching an intrasession peak at 25,965.55 and a low at 25,183.
Meanwhile, the S&P 500 index US:SPX was up 12 points, or 0.4%, at about 3,014, off its intraday peak at 3,088 but also off its low at 3,003.10. The Nasdaq Composite Index US:COMP climbed 27 points, or 0.3%, to roughly 9,520, after briefly slipping into negative territory at 9,485.04.
On Thursday, the Dow closed down 1,861.82 points, or 6.9%, to 25,128.17, the S&P 500 US:SPX was down 188.04 points, or 5.9%, to finish at 3,002.10, and the Nasdaq Composite US:COMP ended down about 527.62 points, or 5.3%, at 9,492.73, one day after charting a record above 10,000.
Source: Dow up 200 points midday in bumpy trade, partially recovering Thursday’s losses – MarketWatch
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