US stocks surged on Friday. The Dow rose nearly 600 points to hit a new peak. Tech stocks weighed on the Nasdaq after the fresh jobs data missed. A decline in the dollar fueled the shift as investors pursued fresh trades. Trading closed early for the US Independence Day holiday, so no late 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.