U.S. stocks ended mostly higher after recovering from an early plunge as investors drew some encouragement from new data on the labour market and the latest batch of corporate earnings. Energy stocks surged as crude oil prices turned higher.
The Dow Jones industrial average fell 24.50 points, or 0.2 per cent, to 16,117.24.
The Standard & Poor’s 500 index added 0.27 points, or 0.01 per cent, to 1,862.76.
The Nasdaq composite gained 2.07 points, or 0.05 per cent, to 4,217.39.
For the week:
The Dow Jones industrial average is down 426.86 points, or 2.6 per cent.
The Standard & Poor’s 500 index is down 43.37 points, or 2.3 per cent.
The Nasdaq composite is down 58.85 points, or 1.4 per cent.
For the year:
The Dow is down 459.42 points, or 2.8 per cent.
The S&P 500 index is up 14.40 points, or 0.8 per cent.
The Nasdaq is up 40.80 points, or about 1 per cent.