Wall Street rallies as growth stocks rebound, Twitter falls; Dow up 370 pts

Growth stocks led a rebound in Wall Street's main indexes on Friday at the end of a week marred by worries about the worsening outlook for economic growth, while Twitter sank after Elon Musk put his deal for the social media company on hold.

All the 11 major S&P sectors advanced in early trading, with technology and consumer discretionary stocks rising 2.7% and 3.3%, respectively.

Growth stocks such as Apple Inc, Google-owner Alphabet Inc, Amazon.com and Nvidia Corp gained between 2.2% and 6.5% after falling for most of the week.

Wall Street has gyrated wildly this week on fears that the Ukraine war,