US stocks surged on Friday. The Dow rose nearly 600 points to reach a new peak. Tech stocks pushed down the Nasdaq after the latest jobs data missed. A decline in the dollar fueled the shift as investors bet on fresh trades. Trading ended early for the US Independence Day holiday, so no late moves followed the finish.
Overseas, Japan’s Nikkei and Korea’s KOSPI both rose as tech shares recovered. The mixed day showed sharp differences between US and Asian trading patterns.