The Dow Jones Industrial Average surged 1,050 points, or 2.15%, to close at 49,958.72, a fresh record high on Friday as stocks rebounded sharply from Thursday's tech-led selloff. The S&P; 500 climbed 1.2% to 6,880.13, while the Nasdaq Composite advanced 1.0% to 22,765.45.
European Central Bank (ECB) Governing Council (GC) member Martin Kocher delivered remarks on the Euro (EUR) rate in an event organized by the Club of Economic Journalists in Vienna, Austria.
West Texas Intermediate (WTI) Oil price recovers its recent losses from the previous session, trading around $63.90 per barrel during the Asian hours on Friday.