U.S. stocks rose Friday following a choppy trading session as traders considered Federal Reserve Chair Jerome Powell's latest comments on inflation.
The Dow Jones Industrials leaped 270.12 points to start Friday at 32,044.64
The S&P 500 jumped 43.65 points, or 1.1%, to 4,049.83
The NASDAQ Composite surged 183.64 points, or 1.6%, to 12,045.77.
Those gains put all three major averages on pace to snap a three-week losing streak. Through Thursday, the Dow is up 1.5%. Meanwhile, the S&P 500 is up 2.1%, and the NASDAQ climbed 2%.
Shares of DocuSign surged more than 17% in extended trading after the electronic agreements company reported an earnings beat. The company also issued a third-quarter revenue forecast that was above expectations.
Treasury prices faded, raising yields to 3.28% from Thursday's 3.32%. Treasury prices and yields move in opposite direction.
Oil prices gained $2.68 to $86.22 U.S. a barrel.
Gold prices recovered $7.30 to $1,727.50 U.S. an ounce.