U.S. stocks finish week on high note, tech sector surges

NEW YORK, New York - U.S. stocks may have had a volatile week but on Friday all the major indices finished in the black. Led by a surge in the tech sector, equity markets shrugged off a hiugher-than-expected inflation reading.

"We are finishing a volatile week on a strong note," Mona Mahajan, senior investment strategist at Edward Jones told CNBC Friday. "It's nice to see some green on the screen. Clearly one of the drivers has been the stellar reports coming out of megacap technology."

S&P 500 (^GSPC): The S&P 500 index finished at 5,099.96, surging by 51.54 points or 1.02 percent.

Dow Jones Industrial Average (^DJI): The Dow Jones Industrial Average concluded at 38,239.66, advancing by 153.86 points or 0.40 percent.

NASDAQ Composite (^IXIC): The NASDAQ Composite index ended at 15,927.90, soaring by 316.14 points or 2.03 percent.

NYSE COMPOSITE (DJ) (^NYA): The NYSE COMPOSITE (DJ) ended at 17,763.27, increasing by 31.71 points or 0.18 percent.

NYSE AMEX COMPOSITE INDEX (^XAX): The NYSE AMEX COMPOSITE INDEX closed at 4,907.54 Friday, decreasing by 14.70 points or 0.30 percent.

Russell 2000 (^RUT): The Russell 2000 index concluded at 2,002.00, climbing by 20.88 points or 1.05 percent.

CBOE Volatility Index (^VIX): The CBOE Volatility Index ended at 15.06, decreasing by 0.31 points or 2.02 percent.

World Foreign Exchange Market Sees U.S. Dollar Rebound Friday

In the dynamic world of foreign exchange, Friday saw a resurgence in the U.S. dollar amongst major currency pairs. Here's a breakdown of the latest quotes:

EUR/USD (Euro/US Dollar): The euro edged lower against the dollar, trading at 1.0698, marking a decrease of 0.29 percent.

USD/JPY (US Dollar/Japanese Yen): The greenback however made significant gains against the Japanese Yen, reaching 157.90, indicating an increase of 1.45 percent, adding 2.26 yen to its value.

USD/CAD (US Dollar/Canadian Dollar): The Canadian Dollar inched down to 1.3663 Friday, reflecting a fall of 0.05 percent.

GBP/USD (British Pound/US Dollar): The British Pound weakened slightly, settling at 1.2495, showing a decline of 0.14 percent.

USD/CHF (US Dollar/Swiss Franc): The the Swiss Franc weakened to 0.9139, a drop of of 0.20 percent.

AUD/USD (Australian Dollar/US Dollar): The Australian Dollar gained ground against the dollar, reaching 0.6534, showing an uptick of 0.25 percent.

NZD/USD (New Zealand Dollar/US Dollar): The New Zealand Dollar experienced a marginal decrease however, softening to 0.5942, indicating a decline of 0.09 percent.

Global Stock Markets Witness Varied Closures on Friday

The world's major stock markets closed with a mix of gains and losses on Friday, reflecting the diverse economic landscape and geopolitical tensions. Here's a comprehensive roundup of the closing stock market quotes:

CANADA

S&P/TSX Composite index (^GSPTSE): The S&P/TSX Composite index in Toronto finished at 21,969.24, advancing by 83.86 points or 0.38 percent.

UNITED KINGDOM

FTSE 100 (^FTSE): The FTSE 100 index closed at 8,139.83, marking an increase of 60.97 points or 0.75 percent.

EUROPE

DAX PERFORMANCE-INDEX (^GDAXI): The German DAX PERFORMANCE-INDEX closed at 18,161.01, gaining 243.73 points or 1.36 percent.

CAC 40 (^FCHI): The CAC 40 index wrapped up at 8,088.24 Friday, climbing by 71.59 points or 0.89 percent.

ASIA

Nikkei 225 (^N225): The Nikkei 225 index finished at 37,934.76, rising by 306.28 points or 0.81 percent.

HANG SENG INDEX (^HSI): The HANG SENG INDEX concluded at 17,651.15, increasing by 366.61 points or 2.12 percent.

SSE Composite Index (000001.SS): The SSE Composite Index closed at 3,088.64, gaining 35.74 points or 1.17 percent.

Shenzhen Index (399001.SZ): The Shenzhen Index finished at 9,463.91 Friday, surging by 199.43 points or 2.15 percent.

ESTX 50 PR.EUR (^STOXX50E): The ESTX 50 PR.EUR closed at 5,006.85, gaining 67.84 points or 1.37 percent.

Euronext 100 Index (^N100): The Euronext 100 Index concluded at 1,519.43, increasing by 14.50 points or 0.96 percent.

BEL 20 (^BFX): The BEL 20 index finished at 3,874.87, climbing by 16.93 points or 0.44 percent.

STI Index (^STI): The STI Index finished at 3,280.10 on Friday, decreasing by 7.65 points or 0.23 percent.

S&P BSE SENSEX (^BSESN): The S&P BSE SENSEX ended at 73,730.16, decreasing by 609.28 points or 0.82 percent.

NIFTY 50 (^NSEI): The NIFTY 50 index ended at 22,419.95, decreasing by 150.40 points or 0.67 percent.

IDX COMPOSITE (^JKSE): The IDX COMPOSITE closed at 7,036.08, decreasing by 119.22 points or 1.67 percent.

FTSE Bursa Malaysia KLCI (^KLSE): The FTSE Bursa Malaysia KLCI concluded at 1,575.16 Friday, increasing by 5.91 points or 0.38 percent.

KOSPI Composite Index (^KS11): The KOSPI Composite Index concluded at 2,656.33, increasing by 27.71 points or 1.05 percent.

TSEC weighted index (^TWII): The TSEC weighted index closed at 20,120.51, increasing by 263.09 points or 1.32 percent.

LATIN AMERICA

IBOVESPA (^BVSP): The IBOVESPA index finished at 126,563.45 Friday, increasing by 1,917.88 points or 1.54 percent.

IPC MEXICO (^MXX): The IPC MEXICO concluded at 57,838.63, increasing by 752.79 points or 1.32 percent.

OCEANIA

S&P/ASX 200 (^AXJO): The S&P/ASX 200 index concluded at 7,575.90, decreasing by 107.10 points or 1.39 percent.

ALL ORDINARIES (^AORD): The ALL ORDINARIES index concluded at 7,837.40, decreasing by 100.10 points or 1.26 percent.

S&P/NZX 50 INDEX GROSS (^NZ50): The S&P/NZX 50 INDEX GROSS (GROSS) finished at 11,805.09 on Friday, decreasing by 141.34 points or 1.18 percent.

AFRICA

Top 40 USD Net TRI Index (^JN0U.JO): The Top 40 USD Net TRI Index closed at 3,963.07, rising by 103.37 points or 2.68 percent.

MIDDLE EAST

Mideast stock markets were mostly closed on Friday and will reopen on Sunday.