NEW YORK (dpa-AFX) – The US stock market rose moderately in early trading on Friday. As on the previous day, the leading index Dow Jones Industrial melted but the initial profits together quickly. Most recently, the Dow was 0.28 percent higher to 34 561.06 points. On a weekly basis, he is heading towards a plus of a good 1 percent. The market-wide S&P 500 
gained 0.22 percent to 4210.07 points on Friday. The tech-heavy Nasdaq 100 increased a little more strongly by 0.49 percent to 13,724.55 points.
US economic data released ahead of the weekend showed a mixed picture. The consumer climate for May determined by the University of Michigan clouded over somewhat. The business climate in the Chicago region surprisingly brightened in May. US household incomes fell sharply in April. However, the decline followed a drastic increase in the previous month and is distorted by the disbursement of state economic aid.
Overall, investors on the US stock exchanges are currently more willing to take risks in view of the solid economic data, the spending plans of US President Joe Biden and the expectation of a very loose US monetary policy, it said from the trade.
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