The Dow Jones Industrials gained 87.26 points to 52,574.67.
The S&P 500 eked up 6.02 points to 7,549.66.
The NASDAQ Composite gained 87.26 points to 26,150.84.
Chip stocks were weak ahead of the U.S. debut of South Korean chipmaker SK Hynix on the Nasdaq Friday. The company, which exploded higher this year on the massive demand for memory, is pricing its American depository receipts at $149 each. Some traders worry the new offering may compete for investor funds with U.S. memory stocks like Micron Technology,
.
Micron shed around 3%, while Marvell Technology and Lam Research dropped more than 1%. Intel fell nearly 3%. Broadcom
was also among those trading in negative territory.
Prices for the 10-year Treasury were stationery, keeping yields at Thursday’s 4.55%.
Oil prices lost 27 cents to $71.81 U.S. a barrel.
Gold prices descended $30.20 to $4,110.60 U.S. an ounce.
