US stocks jumped sharply on Friday. The Dow climbed close to 600 points to hit a new peak. Tech stocks pushed down the Nasdaq after the latest jobs data fell short. A pullback in the dollar helped drive the shift as investors bet on fresh trades. Trading ended early for the US Independence Day holiday, so no after-hours moves followed the close.
Overseas, Japan’s Nikkei and Korea’s KOSPI both rose as tech shares recovered. The mixed day showed sharp differences between US and Asian market trends.