NEW YORK | Markets Right Now: Stocks soar, erasing Thursday’s plunge
NEW YORK — Jan 04, 2019—The latest on developments in financial markets (all times local):
Wall Street roared back, wiping out all of the market’s losses from the previous day, as a barrage of positive news eased concerns about the global economy and interest rates.
Major indexes closed up more than 3 percent Friday.
Traders were encouraged by news that employers ramped up hiring in December, which could allay fears about an economic slowdown.