US stock markets rebound as diesel prices hit record high

US stock markets closed higher on Friday, ending a four-day losing streak. The S&P 500, Dow, and Nasdaq all saw gains of approximately 1.0% as oil prices experienced their first decline in over a week.

In national news, average diesel prices in the US have surpassed $6 per gallon for the first time, reaching $6.20. This increase impacts various sectors, including commercial trucking, farming, fishing, and rail transport.