NEW YORK (AP) — A widespread rally swept Wall Street Friday, lifting far-reaching corners, to close a tumultuous week where stocks that had been left behind for much of this year’s record-setting run wrested the spotlight back from the market’s biggest stars.The S&P 500 jumped 1.1% for its best day in seven weeks after 3M and several other big companies delivered better profits for the spring than analysts expected. The Dow Jones Industrial Average soared 654 points, or 1.6%, while the Nasdaq composite climbed 1%.The market’s widespread gains included rallies...
NEW YORK (AP) — U.S. stocks are slipping Friday, as businesses around the world scramble to contain the effects of a disruptive technology outage.The S&P 500 was 0.6% lower in afternoon trading, a day after a widespread wipeout dragged down much of the market, and it’s on track to close its worst week in months. The Dow Jones Industrial Average was down 384 points, or 1%, as of 1:57 p.m. Eastern time, and the Nasdaq composite was 0.8% lower.The moves came as a major outage disrupted flights, banks and even...