US equities shook off an opening slide to end the week on a positive note after a sharp sell-off in Treasuries abated on soothing words from two Federal Reserve officials. Volatility, however, persisted amid the continuing chaos of the Trump administration’s trade policy decisions.
At 4pm: Dow +1.6% S&P 500 +1.8% Nasdaq +2.1%
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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com