Topline
Buoyed by surging shares of the nation’s most valuable company, major stock indexes on Friday rebounded from a precarious week for markets—a bout of optimism that helped shares of struggling regional lender Pacific West Bank surge a record nearly 80%.
Key Facts
The Dow Jones Industrial Average surged 550 points, or 1.7%, to about 33,674 on Friday, while the S&P 500 and tech-heavy Nasdaq jumped 1.9% and 2.3%, respectively.
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