Stocks Jump as Wall Street Cruises to Best Day Since January

Traders work on the floor at the New York Stock Exchange in New York on July 1, 2022. Seth Wenig/AP Photo

NEW YORK—Stocks rallied Friday to send Wall Street to its best day in six weeks.

The S&P 500 rose 1.6 percent to cap its first winning week in the last four as relaxing yields in the bond market took some pressure off Wall Street. It’s found some stability following a swift rise and fall to start the year.