US stocks managed to secure weekly gains after wild trading as investors cautiously eyed the soaring number of coronavirus infections in the country while weighing its impact on an economic recovery.
For the week ending Friday, the Dow rose 1 per cent, the S&P 500 climbed 1.8 per cent and the Nasdaq advanced 4 per cent, Xinhua news agency reported.
The S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, logged a weekly rise of 6 percent.
"The overarching takeaway is that the stock market