U.S.MARKET UPDATE

US stocks rose on Friday, rebounding a day after the S&P 500 suffered its worst slide since April 10, with the three major indexes closing higher for the week.

The Dow Jones industrial average rose 123.37 points or 0.73 percent, to end at 17,100.18. The S&P 500 gained 20.10 points or 1.03 percent, to 1,978.22. The Nasdaq Composite added 68.70 points or 1.57 percent, to 4,432.15.

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