Early Friday trading saw a rise in U.S. stocks as investors evaluated a key inflation data that the Fed favors.
The tech-heavy Nasdaq Composite had gained 47 points, or 0.3%, the benchmark S&P 500 had increased 17 points, or 0.3%, and the 30-stock Dow Jones Industrial Average had increased 200 points, or 0.5%, by 10:22 ET (15:22 GMT).
The previous session saw a decline in the major averages, with Nvidia (NASDAQ:NVDA) leading the way with an 8.5% decline that erased $274 billion from its market worth. Fresh tariff comments from U.S. President Donald Trump, who announced that previously postponed duties on Canada and Mexico would take effect on March 4 in addition to an additional 10% duty on Chinese imports, also shook sentiment.
