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 latest jobs data fell short. A decline in the dollar fueled the shift as investors bet on fresh trades. Trading ended early for the US Independence Day holiday, so no after-hours moves followed the finish.
Overseas, Japan’s Nikkei and Korea’s KOSPI both rose as tech shares bounced back. The mixed day showed sharp differences between US and Asian trading patterns.