U.S. stocks closed on a bright note on Friday, firmly holding their gains after a positive start.
Some encouraging earnings updates from top tech firms and data showing a slowdown in the annual rate of growth in consumer prices in the month of June aided sentiment.
Easing worries about interest rates following the Federal Reserve hinting at a pause in hikes as early as September helped as well.
The major averages all ended with strong gains, with the tech-laden Nasdaq outperforming others.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.