Stock market today: Most of Wall Street leaps in a widespread rally, from big stocks to small [Video]

BANGKOK – A widespread rally swept Wall Street Friday, lifting far-reaching corners, to close a tumultuous week where stocks that had been left behind for much of this year’s record-setting run wrested the spotlight back from the market’s biggest stars.

The S&P 500 jumped 1.1% for its best day in seven weeks after 3M and several other big companies delivered better profits for the spring than analysts expected. The Dow Jones Industrial Average soared 654 points, or 1.6%, while the Nasdaq composite climbed 1%.

The market’s widespread gains included rallies for both Big Tech behemoths and smaller stocks. That’s a departure from recent trading, where a divide deepened between the handful of elite stocks that dominated the market for much of this year and almost everyone else.

Nvidiarose 0.7% to trim its loss for the week to 4.1%. Most of the other members of the small group of stocks known as the “Magnificent Seven” also climbed to claw back some …