NEW YORK (Reuters) - U.S. stock indices jumped over 1 percent on Friday, reversing a sharp decline, after worries about the economy gave way to a robust rally in beaten-down energy and materials stocks.
The Dow Jones industrial average <.DJI> rose 200.36 points, or 1.23 percent, to 16,472.37, the S&P 500 <.SPX> gained 27.53 points, or 1.43 percent, to 1,951.35 and the Nasdaq Composite <.IXIC> added 80.69 points, or 1.74 percent, to 4,707.78.
For the week, the S&P and Dow rose 1 percent while the Nasdaq added 0.5 percent.
(Reporting by Rodrigo Campos; Editing by Nick Zieminski)
