At the close, the broad S&P 500 index had risen 0.8 percent, while the tech-heavy Nasdaq index gained 1.6 percent. The Dow Jones industrial average went against the trend, ending down 0.2 percent.
Iranian Foreign Minister Abbas Araghchi arrived in the Pakistani capital Islamabad on Friday. On Saturday, Donald Trump’s envoy, Steve Witkoff, and the president’s son-in-law, Jared Kushner, will travel to Pakistan – but whether there will be any direct talks is unclear.
Intel surged just over 23 percent after the chipmaker, which had previously struggled with headwinds, reported its quarterly results on Thursday evening and offered a significantly brighter outlook for the future.
