Week in review, week ahead: Street bounces back but now awaits key inflation data

Week in review, week ahead: Street bounces back but now awaits key inflation data

Traders work during the opening bell at the New York Stock Exchange (NYSE) on August 16, 2022 at Wall Street in New York City.

Angela Weiss | AFP | Getty Images

Stocks rallied on Friday to help all three major averages snap three-week losing streaks. The Dow finished up 2.8% on the holiday-shortened week, while the S&P 500 rose 3.8% and the Nasdaq gained 4.2%.

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