All three major US indices rebounded on Friday. Though the minutes of the Fed meeting brought in considerable speculation in the market which led to Thursday’s loss, the Markets have found hope in improving Consumer Outlook on Inflation. Yesterday’s rebound sent Nasdaq to a 5th straight week of gains and record closing high.
The Nasdaq rose 1.10 percent, S&P 500 rose 0.70 percent and Dow Jones Industrial Average ended positively flat.
