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Financials Plunged on Friday, Posted Weekly Gains

Peter Barnes
Financials Plunged on Friday, Posted Weekly Gains

US stocks plunged on Friday but posted gains for the week amid less geopolitical tension. The NASDAQ Composite (QQQ) was the biggest gainer with a rise of 2.8% and ended the week at 7,106.65. The S&P 500 Index (SPY) rose 2% to 2,656.30, while the Dow Jones Industrial Average (DIA) rallied 1.8% to 24,360.14. Banks’ earnings