Wall Street stocks finished a topsy-turvy week on a sunny note Friday, rallying after strong Apple earnings following a down day in Europe.
Blowout earnings from Apple lifted sentiment, with the tech giant surging 7.0 percent after reporting a record $124 billion in quarterly revenues driven by strong sales of iPhones and other gadgets and services. Commerce Department data showed personal consumption prices rose 0.4 percent last month, in line with analysts' expectations and less than the month-on-month growth in the prior two months."Wall Street is finishing the trading week wanting to believe that the US growth outlook is still there for 2022 and that the bull case will still be there once we get past this last inflation surge and first round of Fed rate hikes," said Oanda's Edward Moya.