U.S. stocks rose in early trading Friday, putting major indexes on course for gains at the end of a choppy week on Wall Street.
The S&P 500 ticked up 0.4% after the broad stocks index closed out its biggest monthly loss since March last year. The S&P through Thursday had fallen 3.3% so far this week, which would be its biggest decline since a 5.6% drop in late October 2020.
The technology-focused Nasdaq Composite Index also edged up 0.4%. The Dow Jones Industrial Average—which snapped a five-quarter winning streak Thursday—rose 0.6%.
Overseas markets retreated. The Stoxx Europe 600 dropped 0.8%, led lower by shares of banks, oil-and-gas companies and basic-resources producers.
In Asia, Japan’s Nikkei 225 lost 2.3% and South Korea’s Kospi fell 1.6%. Markets in Hong Kong and mainland China were closed for a holiday.