Options trader Anthony Spina works on the floor of the New York Stock Exchange, Monday, Aug. 17, 2026, in New York. (AP Photo/Yuki Iwamura)
\n\nNEW YORK (AP) — U.S. stocks rose Friday and trimmed their losses from a shaky week. That was even though the bond market, which has been the center of Wall Street’s action, remained jumpy and continued to add pressure.
\n\nThe S&P 500 rose 0.4% for just its second gain in the six days since setting its all-time high last week. The Dow Jones Industrial Average jumped 517 points, or 1%, and the Nasdaq composite climbed 0.4%.
\n\nOptions traders Chris Dattolo, Scott Frinzi, Justin Kanda, and Ravi Bhandari, left to right, work on the floor of the New York Stock Exchange, Monday, Aug. 17, 2026, in New York. (AP Photo/Yuki Iwamura)
\n\nRoss Stores helped lead the way and rose 4.4% after reporting stronger profit and revenue for the latest quarter than analysts expected. CEO Jim Conroy said it saw both an increase in new customers and more interest from existing customers, while the off-price retailer at the same time benefited from refunds on tariffs.
\n\nMost U.S. companies have reported bigger profits for the spring than analysts expected…
Original source: https://apnews.com/business