The United States stock exchanges closed in the green territory on Friday as investors digested the mayhem taking place this week. Earlier, US President Donald Trump decided to put a halt on certain tariffs but promised to still implement reciprocal duties on April 2. He also continued to be adamant about bringing peace to Ukraine.
Meanwhile, even though the latest jobs data came in lower than expected, the Trump administration insisted that the markets are "underestimating" it, adding that while government employment was declining, manufacturing jobs were growing.
The Dow Jones surged 0.52% or 222 points at the closing bell, with IBM jumping 5.17%. Concurrently, the Nasdaq 100 advanced by 0.74% and the S&P 500 grew 0.55%. Broadcom was the best performer on both indexes, soaring 8.64%.
The euro traded 0.57% above the dollar at 3:59 pm ET, going for 1.08488.
