U.S. stocks rose Friday as inflation held at 3.4%; the Dow gained 550 points. Oil fell, European shares climbed and Asian markets declined.
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 550 points on Friday.
Following the market opening Friday, the Dow traded up 1.13% to 52,651.12 while the NASDAQ climbed 1.20% to 26,395.64. The S&P 500 also rose, gaining, 1.08% to 7,673.46.
Leading and Lagging Sectors
Communication services shares jumped by 1.5% on Friday.
In trading on Friday, utilities stocks rose by just 0.2%.
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