Stocks Rebound After Report Of Weekend Citigroup Meeting
-- Wall Street twisted its way through another difficult session Friday, discouraged about the economy's prospects but still managing a higher finish after some concerns about the beleaguered financial sector lifted late in the session. The major indexes ended the week mixed.</br></br>The Dow Jones industrial average rose 27.23, or 0.20 percent, to 13,595.10 after being down more than 120 points in the session. The Standard & Poor's 500-stock index rose 1.21, or 0.08 percent, to 1509.65, while the Nasdaq composite index rose 15.55, or 0.56 percent, to 2810.38.</br></br>For the week, the Dow dropped 1.53 percent and the S&P feel 1.67 percent. The Nasdaq managed a gain of 0.22 percent.</br></br>Word shortly before the close that Citigroup's board plans to meet in an emergency session over the weekend helped the company's stock and other financials pare steep losses.</br></br>Friday's session ended a week made turbulent not only by bad news from the financial sector but also by spiking commodity prices and hints from the Federal Reserve that it might be less generous with interest rate cuts in the coming months. A highly anticipated Labor Department report Friday showed employers added 166,000 jobs in October -- the most in five months -- but didn't give stocks much of a lift a day after a sharp pullback as investors' unease about the financial sector blanketed trading.