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Market Volatility Decreases As Dow Jumps More Than 700 Points

U.S. stocks closed higher on Friday, closing the week on a strong note. All the three major indices recorded their best week since June, with the S&P 500 and Dow adding 4.7% and 4.9%, respectively last week. The gains came despite the 10-year Treasury yield climbing to its highest level since 2008 along with a mixed bag of earnings results.

AAPL

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US Stocks Headed For Another Tough Day Amid Mixed Earnings, Rate Worries — Tesla Extends Losses, Snap Drags Social Media Stocks Lower

U.S. stocks could languish for a third straight session on Friday, early trading in index futures show. Earnings news continues to be mixed and the uncertainty around the economic outlook could also weigh down on sentiment.

AXP

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US Stock Futures Signal Lower Start On Wall Street; Verizon, American Express Earnings In Focus

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after closing lower in the previous session. The Dow Jones dropped by 90 points on Thursday. US initial jobless claims declined by 12,000 to 214,000 in the week ending October 15th, compared to market estimates of 230,000.

AXP