The gross domestic product, which is the broadest measure of economic health, fell at an annual rate of 5 percent in the first three months of 2020. NEW YORK - U.S.
equity markets curbed the bulk of their losses Friday after President Trump announced a new wave of crackdown efforts on China, but stopped short of instituting new sanctions or upending the trade deal between the two countries. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The Nasdaq led the way, rising 1.29 percent, while the S&P 500 added 0.48 percent.
The Dow Jones Industrial Average slipped fractionally, closing down more than 17 points. All three of the major averages posted weekly and monthly gains.