Wall Street climbs, on track to break 7-week losing streak

NEW YORK (AP) — Stocks rose in afternoon buying and selling on Wall Street Friday, conserving the market on track for its first weekly achieve after seven weeks of losses.

The S&P 500 rose 1.8%, and is headed for a 5.9% achieve for the week.

Technology shares had been once more serving to to push the market larger. That despatched the Nasdaq composite up 2.5%.

The Dow Jones Industrial Average was up 1.1%. Retailers additionally made stable positive aspects.

European markets had been larger and Asian markets closed larger in a single day.

The yield on the 10-year Treasury, which helps set mortgage charges, held at 2.75%. U.S. crude oil costs had been comparatively regular.