US stock indexes opened higher on Friday, but the blue-chip Dow and the benchmark S&P 500 were set to snap four straight weeks of gains as inflation concerns rekindled monetary policy caution ahead of a long weekend.
The tech-heavy Nasdaq, however, was on course to add 0.8 per cent for the week thanks to Nvidia’s blowout quarterly results reinforcing investor faith in Big Tech’s bet on artificial intelligence.
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Source Agencies
