Stocks are rallying Friday suggested a recession may not be as close as Wall Street had feared.The S&P 500 was 1.5% higher in afternoon trading and on pace for a third straight winning week. The index is also hovering near the exit for its current bear market, which it slipped into in June 2022 when it fell 20% from its last high point.The Industrial Average was up 705 points, or 2.13%, at 33,767, as of 3.30pmET, while the Nasdaq composite was 1% higher.
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