Despite a fresh inflation estimate coming in stronger than expected, the Dow Jones Industrial Average rose on Friday.
UnitedHealth and Honeywell rallies of more than 1% contributed to the overall index’s gain of 177 points, or 0.5%. S&P 500 eked out a 0.1% gain. A decline in semiconductor stock prices, including those of Advanced Micro Device, Nvidia, and Micron, contributed to the 0.2% decline in the Nasdaq Composite.
Source (CNBC)