Stocks open higher, with S&P 500 erasing weekly loss

U.S. stocks opened higher Friday, with the S&P 500 turning higher for the week as inflation-inspired jitters appeared to subside. The Dow Jones Industrial Average was up 157 points, or 0.5%, at 34,241, while the S&P 500 rose 0.5% to 4,179. The Nasdaq Composite gained 0.5% to trade at 13,606. The lift put the S&P 500 up 0.1% for the week, while the Dow remained on track for a 0.4% weekly loss. The tech-heavy Nasdaq was up solidly for the week, up 1.3%.

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