Business & Finance
Major US stock indexes rebound following retreat in oil prices
Wall Street recovered much of its weekly losses after inflation met forecasts and oil retreated, ABC News reports.
The short version
- Major U.S. stock indexes advanced on Friday, clawing back a large share of their weekly losses as oil prices retreated.[ABC News]
- A national inflation report that aligned with economic expectations helped ease broader market concerns.[ABC News]
- The S&P 500 rose 0.9%, while the Dow Jones Industrial Average and the Nasdaq composite each gained 1%.[ABC News]
Key facts
- The S&P 500 climbed 65.28 points, or 0.9%, to finish at 7,656.98.[ABC News]
- The Dow Jones Industrial Average rose 509.19 points, or 1%, closing at 52,573.29.[ABC News]
- The Nasdaq composite gained 251.31 points, or 1%, to settle at 26,333.04.[ABC News]
- The Russell 2000 index of smaller firms advanced 13 points, or 0.4%, ending at 2,903.94.[ABC News]
- Market sentiment was aided by easing oil prices and an inflation reading that matched economic forecasts.[ABC News]
Sources
Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.
- How major US stock indexes fared Friday 9/11/2026ABC News - Business