U.S. indices traded sharply higher Friday following recent weakness. Markets were highly volatile this week, selling off following the April CPI report, which showed worse-than-expected inflation.

The headline CPI rose 8.3% in April, down slightly from 8.5% in March but above economist estimates of 8.1%. Prior to 2022, the CPI hadn't risen 8.3% in any month since 1982.

Core inflation, which excludes volatile food and energy prices, was up 6.2% in April, above economist estimates of a 6% gain... Read More

Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro.

Enphase Energy Inc (NASDAQ:ENPH), Wynn Resorts, Limited (NASDAQ:WYNN) and Las Vegas Sands Corp. (NYSE:LVS) were among the top gainers.

Twitter Inc (NYSE:TWTR), Davita Inc (NYSE:DVA) and CH Robinson Worldwide Inc (NASDAQ:CHRW) were among the top losers.

Elsewhere On The Street

Is there a dining experience worth $950? Per person? The answer is yes for gourmands and adventurous diners with wallets that haven’t seen any crypto-like wallet downturn... Read More

U.S. GDP dropped 1.4% in the first quarter of 2022, and the SPY is down 16.3% year-to-date as investors become increasingly concerned about the possibility of a U.S. recession in 2022. However, Bank of America economist Aditya Bhave said this week that... Read More