Stock market news today: Indexes rally but end the week mixed – Markets Insider

US stocks rose on Friday, but saw mixed results over the week as investors continue to fear an oncoming recession.
The Dow and S&P 500 notched weekly losses of 3% and 0.9%, respectively, while the Nasdaq gained 0.5% as tech stocks rallied on fresh corporate earnings and layoffs sweeping the sector.
Netflix jumped 7% after posting unexpected subscriber growth, and Google parent Alphabet climbed 5% after announcing it would slash 12,000 employees.
Those moves come amid an ever-gloomier macro backdrop, with expectations for the Fed to take interest rates higher to rein in inflation, while risking a recession.
Philadelphia Fed President Patrick Harker and Fed Governor Christopher Waller were the latest central bankers to support a 25-basis-point rate hike in February, softer than December’s rate hike of 50-basis-points.
Here’s where US indexes stood at the 4:00 p.m. closing bell on Friday: 
Here’s what else is going on: 
In commodities, bonds, and crypto: 
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Indices
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