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NEW YORK — Wall Street cruised to the finish of a winning week on Friday after banks recovered some of their sharp losses from the day before.
The Standard & Poor’s 500 rose 0.5%. The Dow Jones industrial average added 238 points, or 0.5%, and the Nasdaq composite climbed 0.5%.
The gains capped the best week for the S&P 500 since early August, but it was a roller-coaster ride. Indexes careened through several jarring swings as worries built about the financial health of small and midsized banks, as well as the souring trade relationship between the United States and China.
Some of the nervousness around U.S.-China trade tensions eased on Friday after President Trump said that ve