United states

The Dow rose nearly 600 points on retail spending data

U.S. stocks rebounded on Friday, ending a volatile week in which investors reacted to a flurry of corporate earnings reports and economic indicators.

The news offered at times conflicting narratives about the nation’s economic outlook. The market fell on Thursday as some of the biggest US banks posted disappointing quarterly results only to rise a day later after data showed retail sales rose more than expected in June.