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Dow, S&P 500 shake off Evergrande-inspired shocks, Fed tapering talk to end week solidly higher

Dow, S&P 500 shake off Evergrande-inspired shocks, Fed tapering talk to end week solidly higher

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The Dow Jones Industrial Average DJIA, +0.10% and the S&P 500 SPX, +0.15% ended higher Friday and the broader market notched weekly gains, capping a wild stretch for equity markets that was initially marked by a bout of uncertainty over the potential collapse of China property developer Evergrande. The outlook for the developer, with some $300 billion in debt, remains uncertain.

...read full article on Market Watch

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