Dow Jumps Over 250 Points; Fed's Key Inflation Gauge Remains Hot

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 250 points on Friday.

The Dow traded up 0.58% to 46,213.26 while the NASDAQ rose 0.31% to 22,455.17. The S&P 500 also rose, gaining, 0.47% to 6,636.07.

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