Has This Market Winner Lost Its Luster for Good?
Friday was a topsy-turvy day for the stock market, marking a fitting end to a tumultuous week. The Nasdaq Composite (NASDAQINDEX: ^IXIC), meanwhile, saw a nice push higher to rebound from outsized losses earlier in the week. Other financial markets saw big moves, with bond yields reversing lower, oil prices giving back about $2 per barrel to $61.50, and cryptocurrencies remaining under pressure.