US stocks open higher, extending rally

U.S. stocks opened higher on Friday, poised to close a fourth weekly gain, extending a rally driven by signs of slowing inflation.

The S&P 500 climbed 0.5% shortly after the opening bell, putting the benchmark stock gauge on track for its longest winning streak since one that ended in early November. The Dow Jones Industrial Average rose 122 points, or 0.3%, and the Nasdaq Composite added 0.7%.


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