Stock market market today: Wall Street ends its wild week with what else but the more the swings

New York (AP) – Wall Street got up on Friday, but only after caripped another wild day. It was an appropriate end to a brutal week of Frightening swings dominated by the worries of the American economy and uncertainty about what President Donald Trump go with price.

The S&P 500 climbed 0.6% after taking over an earlier loss which had reached 1.3%. He was detached a punitive section Where he threw more than 1%, above or bottom, for six consecutive days.

The industrial average of Dow Jones added 222 points, or 0.5%, and the NASDAQ composite increased by 0.7%. The wild week, which was the worst for the S&P 500 Since Septemberleft the index just over 6% below its High set set last month.

The head of The Federal Reserve helped relieve market worries Friday afternoon after saying it thinks that the economy looks stable at the moment, and He does not feel pressure to reduce interest rates In order to support him.

In recent weeks, merchants had built bets, the Fed should reduce its main rate more than three times this year after a lower than expected report on the economy. But Jerome Powell has rejected the speculation that he and other Fed officials could feel pressure to act soon.

“The costs of being careful are very, very low,” said Powell about the stable hold on interest rates. “The economy is fine. He doesn’t need us to really do anything. We can wait and we should wait.

A highly anticipated job report on Friday morning may have given him the room for maneuver to do this exactly. The American Labor Department said Employers added 151,000 more jobs last month that they cut. It was slightly lower than the expectations of economists, but it was an acceleration of January hiring.

Recent and discouraging surveys had shown a bitter confidence in American companies and households due to the uncertainty about Trump’s prices, and economists were waiting to see if Friday’s report would show if it was reflected in real pain in the economy and the labor market.

“To summarize: today’s printing was not as bad as they are fearing,” according to Lindsay Rosner, head of multi-sectors investoring income income at Goldman Sachs Asset Management.

Some economists, however, have also warned the data on the employment included concerning details below the surface which could involve future problems. The number of people working part -time who prefer to be full -time increased by 10% in February from January, for example.

“The market could push a sigh of relief that the labor market was still in good health, but a deeper dive shows that spring could be a more difficult season,” said Brian Jacobsen, chief economist at Annex Wealth Management.

The actions of the cervical boost of the White House on price – First of all place them on business partners and then Exempt some and then redo – increased uncertainty For companies.

This has aroused fears that companies could freeze in response to what they described as a “chaos” and withdraw on hiring. American households, on the other hand, are preparing for higher inflation due to prices, which is Weakening their confidence and could retain their expenses. Which would undermine more energy from the economy.

Trump said on Friday that he wanted the prices to bring jobs to the United States, and he gave no indication that more certainty is imminent for the financial markets. “There will always be changes and adjustments,” he said in the comments of the oval office.

“There could be disturbances,” said Trump about the effect on the economy before saying: “I resolved a little of that” A month old On the prices for Mexican and Canadian imports for car manufacturers.

On the bond market, treasury yields initially dropped after the job report, but increased after Powell’s comments prompted traders to support expectations for four or more rates this year.

The 10 -year -old treasure yield dropped up to 4.22% before climbing 4.30%, compared to 4.28% Thursday evening. It generally has been flowing since January, when it had approached 4.80%, as investors took expectations in the withdrawal of the growth of the American economy.

At Wall Street, Walgreens Boots Alliance climbed 7.5% after the pharmacy and the pharmacies channel agreed to be Acquired by the Sycamore Partners capital company. The acquisition would take the chain in private difficulty for the first time since 1927 and give it more flexibility to make changes to improve your business without worrying about the reaction of Wall Street.

Broadcom increased by 8.6% after making more solid profits and income for the last quarter that analysts were waiting for it. The flea company also gave forecasts for future income which exceeded the expectations of analysts, thanks in part to a high demand for its artificial intelligence Offers.

They helped to compensate for Hewlett Packard Enterprises, which dropped 12% after reporting profits for the last quarter which did not drop analysts’ expectations.

Costco flowed 6.1% after the retailer announced a lower profit for the last quarter than expected.

All in all, the S&P 500 increased from 31.68 points to 5,770.20. The industrial average of Dow Jones added 222.64 to 42,801.72 and the composite Nasdaq won 126.97 to 18 196.22.

In stock markets abroad, German shares lost 1.8% to restore some earnings earlier in the week launched by a seismic change in its debt policy. The German government traditionally opposed to the debt seems willing to allow Many more loans.

The clues also dropped in a large part of the rest of Europe and Asia.

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Commercial editors AP Matt Ott and Elaine Kurtenbach contributed.