An early rally faded on Friday and the Dow just missed out on closing at its first record high of the year. US stocks were mixed on Friday. The Dow closed higher by 35 points, or 0.08%. Meanwhile, the S&P 500 fell 0.

U.S. stocks opened higher on Friday as major equity indexes looked to finish off another strong week on Wall Street. The Dow Jones Industrial Average tallied an intraday record high at the open — its first of 2025.

Signs that U.S. tariffs on imports have not fully filtered into headline consumer prices came as a relief for investors this week as they seek insight on the impact of trade uncertainty on the economy.