The trading week on Wall Street ended on a high note, after many major tech companies had a shaky week.
The Dow Jones industrial index increased by 1.6 percent, while the broad S&P 500 index rose by 1.1 percent and the tech-heavy Nasdaq composite index climbed by 1.0 percent.
After the companies in the "magnificent seven" had fallen earlier in the week, five of them recovered somewhat on Friday.
Apple rose by 0.2 percent, Amazon by 1.5, Microsoft by 1.6, and Meta by 2.8. Even AI-hyped Nvidia moved forward, by 0.7 percent.
However, Google's parent company Alphabet and Tesla fell back, both dropping by 0.2 percent.
The American pharmaceutical company Biogen also lost ground. The company, together with the Japanese Eisai, has developed the Alzheimer's drug lecanemab, which was rejected by the European Medicines Agency (EMA) during the day. Biogen's share price fell by 7.2 percent.
Earlier on Friday, it was announced that inflation in the US was slightly higher than expected, as it fell to 2.5 percent in June according to the so-called PCE measure.
