Summary
NEW YORK -- Wall Street rebounded Friday as better-than-expected earnings from General Electric Co. brought buyers back to the market, but profit warnings from a number of other companies made for a largely subdued session. The major indexes suffered their second straight weekly loss.
Stocks have fallen recently on mixed economic news and anxiety over second-quarter results, which companies will be reporting over the next three weeks. With so much uncertainty, investors have been wary of making commitments, but the good news from GE restored some confidence.See the full content of this document
Extract
Stocks Off for 2nd Week
"We've had a pretty tough week, with the Nasdaq down 3 1/2 percent in just three days," said Todd Clark, head of listed equity trading at Wells Far...
See the full content of this document
Sponsored links
