US stocks jumped sharply on Friday. The Dow climbed close to 600 points to hit a new peak. Tech stocks weighed on the Nasdaq after the fresh jobs data fell short. A pullback in the dollar fueled the shift as investors pursued fresh trades. Trading closed early for the US Independence Day holiday, so no after-hours moves followed the close.
Overseas, Japan’s Nikkei and Korea’s KOSPI both gained as tech shares recovered. The divided day showed clear differences between US and Asian market trends.