Wall Street ends higher as investors turn to earnings season

STORY: U. S. stocks closed higher on Friday, with the Dow gaining nearly three-tenths of a percent, the S&P 500 adding more than four-tenths of a percent to end just short of a record high, and the Nasdaq climbing nearly three-tenths of a percent.

The AI trade returned to the spotlight after South Korean memory chip maker SK Hynix ended almost 13% above its offer price at $168 in a blockbuster U. S. listing. The company raised over $26 billion on Thursday by selling American Depositary Receipts priced at $149 each. U. S.