Dow Jones fades its own good news as the hawks take the last word

Dow Jones fades its own good news as the hawks take the last word

The Dow Jones Industrial Average (DJIA) trades near 52,250 on Friday, down nearly 300 points late in the month’s strangest session. The index slid to the 52,000 handle through the first half of the day, rallied more than 600 points on the strongest consumer sentiment reading since February, and has spent the afternoon handing the entire pop back to the morning range. The average still hovers near flat on the week, while the broader benchmarks bl…