Broad Bounce on a Thin Friday: PMI Hits a Four-Year High as Bitcoin Clears $77,000
Stocks closed higher Friday as S&P Global's flash composite PMI hit 56.0, a 52-month high, but a yield-scarred week still ended in the red. The Dow gained 0.98% to 53,277; the S&P 500 and Nasdaq each rose 0.43%. Bitcoin cleared $77,000 and gold hit a three-month high while the 10-year yield finished