NEW YORK (AP) — Wall Street broke its three-day losing streak and trimmed its losses for the week. The S&P 500 rose 0.6% Friday. The Dow Jones Industrial Average climbed 0.7%, and the Nasdaq composite gained 0.4%. All three indexes pulled closer to their records set at the start of the week. Stocks got some help from a report on inflation that suggested the Federal Reserve may be able to continue cutting interest rates. Such cuts would help justify high prices for stocks after their big rally. President Donald Trump’s latest tariffs caused waves for some stocks but not for the broad market.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

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