U.S. stocks traded sharply higher in Wednesday's final hour of trading, with the Dow Jones Industrial Average and S&P 500 headed for a third consecutive session of gains after December's CPI data sparked a relief rally.

Major U.S. stock indexes were on course to post strong weekly gains in late-afternoon trading Friday, with the Dow Jones Industrial Average leading the way up. The Dow was on pace to rise 3.8% this week,

The Dow Jones Industrial Average jumped over 700 points after Wednesday's inflation report pleased investors. Nvidia rebounded, while Microsoft gave quantum stocks a boost in the stock market today. The consumer price index trended lower in December.

FactSet Research Systems Inc. closed $45.70 below its 52-week high ($499.87), which the company achieved on November 14th.

U.S. stocks were trading sharply higher Friday, with all three major benchmarks on track for weekly gains amid a retreat in Treasury yields. The Dow Jones Industrial Average was up about 432 in midday trading Friday,

Dow Jones futures rose Friday ahead of key economic data. Apple, Nvidia stock and Tesla rebounded from Thursday's heavy losses.

UnitedHealth shares have been pressured recently, falling about 10% since Dec. 4, when Thompson was killed. That outpaces the 3% drop in the S&P 500 index over that span and signals some investor jitters about the future of the business.

Stocks surged on Wednesday after the latest consumer price index report showed core inflation unexpectedly slowed in December.

Wall Street analyzed the cooler-than-expected producer price index for December on Tuesday and looked ahead to the consumer price index report on Wednesday.

US stocks gave up early gains to end mixed. Investors await key consumer inflation data and the start of earnings season on Wednesday.

Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...

Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.