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Stocks Gain Friday After Historic Rough Week

Aaron Liu |
September 23, 2011 | 4:34 p.m. PDT

Associate News Editor

Fears of a double-dip recession caused this week's worry. (Creative Commons)
Fears of a double-dip recession caused this week's worry. (Creative Commons)
The U.S. stock markets picked up on Friday after days of rough trading, with the Dow Jones enduring its worst week since Fall 2008.

Closing bell saw the Dow maintaining a gain of 37.19 points, with the Nasdaq Composite Index gaining 27.56 points and the S&P 500 index gaining 6.83 points.

The recent gains were in part attributed to the G20’s pledge to stabilize markets, in response to a disastrous Thursday trading session that left the Dow down almost 400 points.

Yet the week’s costs offset the gains. Overall, the Dow was down 6.4% for the week, its worst performance ever since the epicenter of the financial crisis in 2008. The Nasdaq fell 5.3%.

For investors, fears of a double-dip recession caused by pessimistic remarks from the U.S. and Europe sparked the financial turbulance.

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