U.S. stock markets in sharp rally Friday, Dow adds 423 points

NEW YORK, New York - U.S. stocks rebounded Friday, following a volatile week and a sharp sell-off on Thursday. Bond yields rose again on Friday as inflation fears continue to take hold. In the UK, 30-year Gilts hit 6 percent. Oil prices fell slightly after President Trump negotiated a deal to buy diesel from Russia's Vladimir Putin in exchange for easing sanctions. The Standard and Poor's 500 rose to 7,811.54, up 46.18 points or 0.59 per cent, on volume of 2.583B. The index opened at 7,779.34, reached an intraday high of 7,820.57, and recorded a 52-week low of 6,316.91 against a 52-week high of 7,844.52. The Dow Jones Industrial Average climbed to 51,654.83, gaining 423.19 points or 0.83 percent, on volume of 331.379M. It opened at 51,258.95, touched a high of 51,765.11, and showed a 52-week low of 45,057.28 and a 52-week high of 54,744.33. The NASDAQ Composite ended at 27,366.17, up 172.83 points or 0.64 percent, on volume of 5.42B. The index started at 27,254.03, peaked at 27,395.41, and had a 52-week low of 20,690.25 and a 52-week high of 27,722.75. Foreign Exchange Markets: Swiss Franc, Pound and Australian Dollar Gain Friday; Euro, Canadian Dollar and Yen Decline The latest world foreign exchange quotes for Friday showed a mixed session, with the Swiss franc, British pound and Australian dollar posting gains while the euro, Canadian dollar and Japanese yen weakened. The euro fell against the U.S. dollar, with EUR-USD last trading at 1.1199, down 0.11 percent. The U.S. dollar rose against the Japanese yen, with USD-JPY at 158.25, up 0.23 percent. The move reflected continued pressure on the yen. The British pound advanced against the U.S. dollar, with GBP-USD at 1.3240, up 0.09 percent. The Australian dollar was the strongest performer among the majors, with AUD-USD at 0.6985, up 0.40 percent. The U.S. dollar also gained against the Canadian dollar, with USD-CAD at 1.4264, up 0.27 percent, leaving the loonie weaker. The Swiss franc strengthened against the dollar, with USD-CHF at 0.8298, down 0.23 percent. A lower USD-CHF reading indicates the franc gained ground. Taken together, Friday's FX board pointed to a firm Swiss franc, pound and Australian dollar, while the euro, Canadian dollar and yen finished the session on the back foot. World Stock Markets Close Mostly Higher Friday as Canadian, UK, European, and Asian Indices Rally; Seoul and Taipei Buck the Trend Global stock markets finished Friday's session with widespread gains, as major Canadian, UK, and European benchmarks advanced and most Asia-Pacific indices posted solid increases. The session was marked by notable strength in Hong Kong, India and Europe, while South Korea and Taiwan closed lower. In Canada, the S&P/TSX Composite index was the strongest performer of the session, closing at 35,664.62, up 519.24 points or 1.48 percent, on volume of 268.217M. It opened at 35,321.92, reached an intraday high of 35,683.33, and recorded a 52-week low of 29,530.90 and a 52-week high of 37,069.10. In London, the FTSE 100 rose to 10,552.05, up 110.45 points or 1.06 percent. The index had opened at 10,441.50, reached an intraday high of 10,577.33, and recorded a 52-week low of 9,276.90 against a 52-week high of 10,989.50. In Europe, Germany's DAX P climbed to 25,087.27, gaining 280.30 points or 1.13 percent. It opened at 24,955.71, touched a high of 25,164.74, and showed a 52-week range of 21,863.81 to 26,618.74. The CAC 40 in Paris ended at 7,803.33, up 73.64 points or 0.95 percent. The index started at 7,766.99, peaked at 7,825.34, and had a 52-week low of 7,505.27 and a high of 8,755.03. The EURO STOXX 50 I closed at 6,173.37, Friday adding 46.64 points or 0.76 percent. It opened at 6,129.38, reached 6,204.47, and recorded a 52-week low of 5,376.81 and a high of 6,577.20. The Euronext 100 Index finished at 1,859.81, up 9.82 points or 0.53 percent. It opened at 1,849.06, hit a high of 1,866.59, and showed a 52-week low of 1,643.41 and a high of 1,984.60. Belgium's BEL 20 ended at 5,454.74, up 55.34 points or 1.02 percent. The index opened at 5,448.37, reached 5,492.57, and had a 52-week low of 4,774.82 and a high of 5,905.83. In Asia on Friday, the HANG SENG INDEX in Hong Kong was a standout performer, closing at 24,211.35, up 425.56 points or 1.79 percent. It opened at 23,941.26, touched 24,224.05, and recorded a 52-week low of 22,518.00 and a high of 28,056.10. Mainland China's SSE Composite Index finished nearly flat at 3,813.79, up 1.89 points or 0.05 percent, on volume of 1.975B. It opened at 3,754.14, reached 3,824.71, and showed a 52-week low of 3,741.11 and a high of 4,258.86. In Japan, the Nikkei 225 closed at 69,030.92, down 11.19 points or 0.02 percent. It opened at 68,150.02 and reached an intraday high of 69,143.45. Singapore's STI Index slipped to 5,401.89, down 11.07 points or 0.20 percent. It opened at 5,369.49, reached 5,455.17, and showed a 52-week low of 4,311.65 and a high of 5,828.50. In Australia, the S&P/ASX 200 [XJO] closed at 8,716.60, up 55.70 points or 0.64 percent. It opened at 8,660.90 and ended at its intraday high of 8,716.60, with a 52-week low of 8,262.40 and a high of 9,296.70. The ALL ORDINARIES [XAO] rose to 8,877.70, up 54.50 points or 0.62 percent. It opened at 8,823.20 and closed at its high of 8,877.70, with a 52-week low of 8,454.90 and a high of 9,474.80. Across the Tasman, New Zealand's S&P/NZX 50 INDEX GROSS closed at 13,749.35, up 57.50 points or 0.42 percent. It opened at 13,627.23 and ended at its high of 13,749.35, with a 52-week low of 12,689.78 and a high of 14,069.22. India's S&P BSE SENSEX jumped to 72,472.33, up 879.09 points or 1.23 percent. It opened at 71,739.49, reached 72,669.20, and had a 52-week low of 71,292.88 and a high of 86,159.02. In Indonesia Friday, the IDX COMPOSITE closed at 6,093.76, up 62.47 points or 1.04 percent. It opened at 5,995.82, peaked at 6,100.58, and showed a 52-week low of 5,317.91 and a high of 9,174.47. The FTSE Bursa Malaysia KLCI ended at 1,608.45, up 7.44 points or 0.46 percent. It opened at 1,600.55, reached 1,609.94, and recorded a 52-week low of 1,597.68 and a high of 1,771.25. South Korea's KOSPI Composite Index was a weak spot, falling to 6,625.93, down 177.97 points or 2.62 percent, on volume of 302,539. It opened at 6,625.93, reached 6,810.83, and had a 52-week low of 3,522.54 and a high of 9,385.59. In Taiwan, the TSEC CAPITALIZATION WEIGHTED ST also closed lower at 49,313.44, down 492.93 points or 0.99 percent. It opened at 49,189.77, touched 49,783.06, and showed a 52-week low of 26,395.98 and a high of 49,968.92. Middle East markets were mostly closed on Friday, to reopen on Sunday. Israel's TA-125, was an exception. It slipped to 3,925.79 Friday, down 8.22 points or 0.21 percent. It opened at 3,925.55, reached 3,963.50, and recorded a 52-week low of 3,231.95 and a high of 4,588.51. South Africa's Top 40 USD Net TRI Index rose to 6,549.68, up 122.86 points or 1.91 percent. It opened at 6,468.53, peaked at 6,574.29, and had a 52-week low of 6,105.70 and a high of 8,184.71. Overall, the final session of the week reflected a broadly positive tone across Canada, the UK, Europe and most of Asia, with investors shrugging off declines in Seoul and Taipei. (This report incorporates quotes retrieved with the assistance of artificial intelligence). Related stories: Thursday 8 October 2026 |Tech stocks tumble Thursday as oil prices surge on Trump trepidation| Big News Network Wednesday 7 October 2026 |Dow Jones slides 341 points as bond rout escalates| Big News Network Tuesday 6 October 2026 |Dow Jones jumps 253 points as broader market hits record highs| Big News Network Monday 5 October 2026 |U.S. stocks close higher despite surging Treasury yields| Big News Network