In the early morning of the 28th Beijing time, US stocks closed higher on Friday, with all three major stock indexes gaining more than 6 per cent this week. But investors remain skeptical about whether the rally in U. S. stocks can continue. The Fed's favourite measure of PCE inflation in April rose 6.3 per cent from a year earlier, but showed signs of cooling.

The Dow rose 575.77 points, or 1.76%, to 33212.96; the Nasdaq rose 390.48, or 3.33%, to 12131.13; and the S & P 500 rose 100.40, or 2.47%, to 4158.24.

All three major indexes of u.s. stocks have risen more than 6% this week. The Dow rose 6.2% in a week, ending an eight-week decline. The s & p 500 rose 6.6% and the Nasdaq rose 6.8%, both recording their first weekly gains in eight weeks.

Inflows into global equity funds reached their highest level in 10 weeks, with US equities attracting the most money as many investors bought bargains after a sharp sell-off triggered by fears of a recession.

Us stocks have fallen continuously this year, and the Nasdaq is now mired in a bear market zone, with the S & P 500 down 15% from its recent high. Few investors and strategists think the sell-off has completely bottomed out. However, this week's rise in U. S. stocks has finally given investors some respite from the sell-off.

Florian Ielpo, head of macro at Lombard Odier Investment Management, said: "We still believe that what is happening now is only a short-term rebound."

The champion of US stock turnover on Friday$Tesla, Inc. (TSLA.US) $It closed 7.33% higher, with a transaction of $22.226 billion. Musk said on Friday that dog coins can be used to buy products around Tesla, Inc., and dog coins will soon be available for purchase around SpaceX. He also said that the Philippines has approved the Starlink star chain network service.

Credit Suisse analyst Dan Levy said in a research report on Friday that Tesla, Inc. shares have fallen about 29% so far this year, while the S & P 500 index has fallen 13.5% over the same period, creating a good opportunity for investors to buy Tesla, Inc.. Dan Levy also said that after visiting Tesla, Inc. 's factory in California, he is still optimistic about Tesla, Inc. 's long-term opportunities.

Second place$NVIDIA Corp (NVDA.US) $It closed 5.38% higher, with a transaction of $13.69 billion. It is reported that the ARK fund of Casey Wood, a prominent investor, rebuilt its positions in the stock after clearing all its positions in November 2021. Reported that after the opening of U. S. stocks on the 26th, the fund bought 250000 shares of NVIDIA Corp through its three ETF.

Third place$Apple Inc (AAPL.US) $The company closed up 4.08%, the Dow's biggest gainer on Friday, with a turnover of $13.47 billion. Analysts said Apple Inc investors are likely to react positively to the latest financial results released by Zscaler and Autodesk. Both technology companies beat market expectations in revenue and earnings and issued strong guidance in recent quarters, boosting investor sentiment in technology stocks that have been closely watching the performance of other companies in the industry.

No. 5$Advanced Micro Devices Inc (AMD.US) $It closed 3.55% higher, with a transaction of $10.55 billion. U. S. stock semiconductors generally rose on Friday.

12th place$BABA (BABA.US) $It closed down 1.13% on a turnover of $2.47 billion. The stock rose nearly 15% on Thursday.

No. 13$Broadcom Ltd (AVGO.US) $The company closed 5.92% higher, with a turnover of $2.15 billion. Broadcom Ltd announced on Thursday that he plans to buy US virtualization software maker VMware for $61 billion, half in cash and half in exchange for Broadcom Ltd shares. In addition, Broadcom Ltd will also assume nearly $8 billion in debt from VMware.

In terms of amount, the merger and acquisition is the second largest technology industry deal this year, after Microsoft Corp's $69 billion acquisition of Activision Blizzard, and the second largest acquisition in Broadcom Ltd's history.

No. 15 is a company that provides human resource management software services based on cloud computing for enterprises.$Workday (WDAY.US) $The company closed down 5.57% on a turnover of $2.089 billion.

No. 17$Block (SQ.US) $It closed 8.52% higher, with a transaction of $1.76 billion. Some analysts point out that the stock has fallen about 44% so far this year due to inflationary pressures, making it more attractive as a speculative candidate for growth stocks.

The following are the 20 most actively traded stocks of the day (by turnover):