U.S. stocks opened higher on Friday but the main indexes were still on track for hefty weekly losses. The bounce in early trade follows sharp losses during the previous session which sent the S&P 500 and Dow industrials into correction territory, defined as a drop of 10% or more. The Dow Jones Industrial Average was up 346 points, or 1.5%, to 24,205. The S&P 500 index rose 34 points, or 1.4% to 2,614, while the Nasdaq Composite gained 103 points, or 1.5% to 6,876. Among the best performers on the S&P 500 Nvdia Corp. [s:NVDA] jumped 7.6% after upbeat earnings.
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