- Shares rose on Friday as a bout of bargain hunting took over after worries about aggressive monetary policy tightening and slowing global growth.
- Growth stocks led a rebound in Wall Street’s main indexes on Friday, in a week marred by worries about the worsening outlook for economic growth, while Twitter sank after Elon Musk put his deal for the social media company on pause.
- The Dow Jones Industrial Average was up 458.85 points, or 1.45 per cent, at 32,189.15, the S&P 500 was up 92.62 points, or 2.36 per cent, at 4,022.70, and the Nasdaq Composite was up 416.87 points, or 3.67 per cent, at 11,787.84.
Global shares advance as investors go bargain hunting
