The $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ jumped Friday to finish their best week of the year, as continued strength in earnings reports extended the tech-led rebound from the January rout.
The broad market index rose 0.5% to 4,500.53, while the and the tech-heavy Nasdaq Composite climbed 1.6% to 14,098.01. The $Dow Jones Industrial Average (.DJI.US)$ inched lower by 21.42 points, or 0.06%, to 35,089.74.
$Amazon (AMZN.US)$ $NortonLifeLock (NLOK.US)$ $Take-Two Interactive Software (TTWO.US)$
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In January 2021, a short squeeze of the stock of the American video game retailer $GameStop (GME.US)$ and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. The short-selling spree of GME stocks reached its climax on Jan 28, 2021.
It has been nearly a year since the "epic battle."
Do you think the once-in-a-decade stock spike can happen again in 2022?
If it happens, will yo...