Stocks – Dow Ends Week Lower Despite Trump-Infused Friday Rally

Investing.com -By Yasin EbrahimInvesting.com – Wall Street ended the week down substantially despite a huge rally into the close on Friday after President Donald Trump declared a national emergency, a move that gives him authority to use federal funds to combat the coronavirus outbreak.The S&P; 500 soared 9.3% today. It was up 4.1% before the speech. The Nasdaq Composite gained 9.3%. The Dow Jones Industrial Average surged 9.4%, up 1,985 points. The S&P; and Dow ended the week down 9% and 10% respectively.Trump said the move would “open access to up to $50 billion” in funds for states and muni…

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