"Stocks Slide, Dow Jumps: Wall Street's Winning Week and Apple's 52-Week High"

The Dow Jones Industrial Average climbed 250 points on Friday, capping off a winning week for Wall Street. The S&P 500 and Nasdaq Composite also saw gains. Stocks rebounded after a string of losing sessions earlier in the week. The market remains uncertain about the Federal Reserve's stance on inflation and the strength of economic growth. Fresh consumer sentiment data showed a decrease in sentiment and an increase in inflation expectations. Trade Desk shares tumbled after weak revenue guidance, while Plug Power shares plummeted on a wider-than-expected loss. Oil prices are down for the week but are expected to stabilize. Analysts are not pricing in a recession for 2024, and China's largest chipmaker SMIC posted a significant drop in profit. SoftBank shares plunged due to losses from its investment in WeWork. Apple agreed to pay $25 million to settle a discrimination case with the Department of Justice.