Updated at 4:05 p.m. ET
Stock prices rebounded Friday, one day after a punishing drop triggered by fears that the coronavirus cases are increasing in the Sunbelt.
The Dow Jones Industrial Average closed up 477 points, a gain of 1.9%. The broader S&P 500 index climbed 1.3%.
A day earlier, the Dow lost 1,861 points, or about 7%, and the S&P 500 dove nearly 6%.