Stocks rallied on Friday as the Dow Jones Industrial Average jumped over 700 points during trading as sluggish technology stocks boosted the Nasdaq Composite and U.S. Tech 100.
Sven Henrich: As long as inflation data comes in better than expected, there is potential to see a rally
The major U.S. benchmarks are rebounding from Thursday's losses as stocks look to end the week on a high note with commodities like oil and gold jumping well into positive territory. U.S. nonfarm payrolls rose by 223,000 jobs in December, Labor Department data showed, while a 0.3% rise in average earnings was smaller than expected and less than the previous month's 0.4%.
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