Dow Posts Biggest Gain Since November 2020 as Wall Street Rebounds Second Day

Dow Posts Biggest Gain Since November 2020 as Wall Street Rebounds Second Day
Flags are seen outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, on Feb. 24, 2022. Caitlin Ochs/Reuters
Reuters
Updated:

NEW YORK—The Dow on Friday registered its biggest daily percentage gain since November 2020 with the market rebounding for a second day from the sharp selloff leading up to Russia’s invasion of Ukraine.

Oil prices fell below $100 a barrel, easing some concerns about higher energy costs, and all 11 of the major S&P 500 sectors ended up on the day. The S&P 500 and Nasdaq also posted gains for the week.