US stocks surged on Friday. The Dow climbed close to 600 points to reach a new peak. Tech stocks pushed down the Nasdaq after the fresh jobs data missed. A decline in the dollar fueled the shift as investors bet on 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 bounced back. The mixed day showed clear differences between US and Asian trading patterns.