The stock market reversed an early stumble and ended higher on Friday, led by gains in oil and gas companies. Chevron jumped 4 percent, the most in the Dow Jones industrial average. Exxon Mobil also gained 3 percent.
The Dow Jones industrial average fell 200.36 points, or 1.2 percent, to close at 16,472.37.
The Standard & Poor's 500 index surged 27.54 points, or 1.4 percent, to 1,951.36.
The Nasdaq composite rose 80.69 points, or 1.7 percent, to 4,707.78.
For the week:
The Dow rose 157.70 points, or 1 percent.
The S&P 500 index rose 20.02 points, or 1 percent.
The Nasdaq rose 21.28 points, or 0.5 percent.
For the year:
The Dow is down 1,350.70 points, or 7.6 percent.
The S&P 500 index is down 107.54 points, or 5.2 percent.
The Nasdaq is down 28.28 points, or 0.6 percent.