*By Carlo Versano*
Stocks bounced back Friday with the Dow Industrials opening higher by 400 points and a strong showing from the FAANG stocks.
At the open, shares of Facebook ($FB), Amazon ($AMZN), Apple ($AAPL), Netflix ($NFLX), and Google parent Alphabet ($GOOGL) added $100 billion to the companies' collective market cap, erasing half the losses from the past two days.
The rally follows a bruising two-day sell-off on Wall Street. A bevy of factors has contributed to the worst week for stocks since February. Among them, worries over tightening monetary policy and the effects of a trade war with China starting to show themselves.
The White House dispatched top officials to quell concerns over the turmoil, even as the president extended his attack on Fed Chair Jerome Powell for what he called "loco" rate hikes.
Treasury Sec. Steve Mnuchin said on CNBC Friday that the markets were seeing a "natural correction" after riding so high since Trump's election. Economic adviser Larry Kudlow [told Cheddar](https://www.cheddar.com/videos/kudlow-tech-still-aint-bad-even-with-correction) tech stocks still "ain't bad" despite leading the markets downward.
Danielle DiMartino Booth, CEO and chief strategist of Quill Intelligence, joined Cheddar News to discuss the market that is still digesting comments from the Federal Reserve about its monetary policy.
A study by research company Euromonitor International found that the number of available banking machines in the U.S. has dropped by more than 18,000 since 2019.
Apple is building a new iPhone factory in India as it shifts some production there from China.
Meta slashed prices of its Quest virtual reality headsets.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Amazon paused the next phase of construction on its second headquarters in Arlington, Va.
Sales of Tesla vehicles made in China rose in February after the company lowered prices that led to higher demand.
Fast casual pasta chain Due' Cucina recently raised $2.5 million in a new financing round. Davide Macchi, co-founder and CEO of Due Cucina, joined Cheddar News to discuss the company's operations and what lies ahead.
Millions of Americans with retirement plans switch jobs every year. Bobbi Rebell, certified financial planner & personal finance expert, joined Cheddar News to discuss what to do when doing so.
Railroad unions report that workers for Norfolk Southern who were present at the derailment and chemical spill site in East Palestine, Ohio, have been falling ill.
