US stocks head for weekly gains amid easing inflation concerns
About 25 minutes into Friday's session, the Dow Jones Industrial Average was up 0.5 percent at 33,486.95. The broad-based S&P 500 advanced 0.6 percent to 4,230.51, while the tech-rich Nasdaq Composite Index jumped 0.7 percent to 12,862.92.
Wall St Set For Weekly Gains On Signs Of Cooling Inflation
Wall Street's main indexes rose on Friday, setting the S&P 500 and the Nasdaq for a fourth straight week of gains on easing bets of another super-sized interest rate hike on evidence of cooling inflation.
Softer copper still set for weekly gain on peak-inflation bets
LONDON -- Copper fell on Friday as the dollar strengthened and data showed a decline in Chinese bank lending, but prices were still set to end the week up 3% as bets that U.S. inflation may have peaked powered a broad shift towards riskier assets. Read More