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Fed’s Daly: Fed must watch both sides of mandate

Federal Reserve (Fed) Bank of San Francisco President Mary Daly said on a LinkedIn post on Friday that a low-hiring, low-firing environment may persist, or it may change to a no-hiring, more-firing environment.
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Dow Jones Industrial Average surges 1,050 points as stocks rebound from tech selloff

The Dow Jones Industrial Average surged 1,050 points, or 2.15%, to close at 49,958.72, a fresh record high on Friday as stocks rebounded sharply from Thursday's tech-led selloff. The S&P; 500 climbed 1.2% to 6,880.13, while the Nasdaq Composite advanced 1.0% to 22,765.45.
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