US stocks jumped sharply on Friday. The Dow rose nearly 600 points to reach a new peak. Tech stocks weighed on the Nasdaq after the latest jobs data missed. A decline in the dollar helped drive the shift as investors pursued fresh trades. Trading ended early for the US Independence Day holiday, so no late moves followed the close.
Overseas, Japan’s Nikkei and Korea’s KOSPI both rose as tech shares recovered. The divided day showed sharp differences between US and Asian market trends.