Stocks extend gains into third day, oil rises

Stocks extend gains into third day, oil rises

U.S. stocks extended a broad-based rebound Friday, with Wall Street on pace to snap a three-week losing streak.

The S&P 500 jumped 1.6%, building on back-to-back sessions of gains, while the Dow Jones Industrial Average soared 400 points, or about 1.3%. Technology stocks led the way up, with the Nasdaq Composite climbing 2%.

Oil extended a volatile run as prices resumed their climb Friday. West Texas Intermediate (WTI) and Brent crude oil futures each rose 4% to $86.88 per barrel and $92.84…


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