NEW YORK (AP) – Stocks and bond yields fell further on Friday, but had been on the pace of even larger losses before slowing in the last trading hour.
The S&P 500 has recovered more than half of its loss amid signs by Federal Reserve officials that they could offer more support to the economy.
The 10-year Treasury yield was 0.76%. It returned from a record low below 0.70% but is still clearly down on the previous day.
Markets have been on a roller coaster for weeks as investors try to guess what the economic damage will be from the coronavirus.
Concerns about the economic fallout from the fast-spreading virus have had markets on a roller coaster for weeks.
On Friday, they also completely overshadowed a solid report on jobs in the United States.
Dow Jones Averages – Main Market Indices
New York Stock Exchange 12352.03 down 241.00
NYSE MKT Exchange 2,149.77 down 42.96
Nasdaq composite 8,575.62 down 162.98
Standard and Poors 500 2,972.37 down 51.57
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