US stocks rise, even as the bond market applies more pressure
NEW YORK — 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. The 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%. Ross 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 ...