U.S. exchanges rose on the last day of the week

The main U.S. stock indices rose on Friday - at closing Dow Jones rose by 1.26%, S&P 500 - 1.44%, NASDAQ - 1.74%. The latter may show a gain of more than 15% at the end of the quarter, Prime news agency wrote. From the beginning of the year to date it has added 16.2%. The S&P 500 is more than twice as modest, at 6.4%, while the Dow Jones showed almost no change over the period.

A positive factor on Friday was economic statistics. The U.S. Personal Consumption Price Index, an indicator of Fed inflation, was lower than forecasted, coming in at 5%. Analysts had expected it to be 5.1%. Personal income growth in February exceeded expectations by 0.1 percentage points, amounting to 0.3%. At the same time the growth in consumer spending was more modest - 0.2% against the forecast of 0.3%. The dynamics of the consumer sentiment index was not so bright as well - in March it fell by five points to 62 p., which was worse than the forecast estimate (63.2 p.).