U.S. stocks close mixed as PCE inflation data falls in line

NEW YORK, May 31 (Xinhua) -- U.S. stocks ended mixed on Friday, after the latest U.S. personal consumption expenditure (PCE) price index, the Fed's preferred inflation gauge, fell in line with expectations.

The Dow Jones Industrial Average rose 574.84 points, or 1.51 percent, to 38,686.32. The S&P 500 added 42.03 points, or 0.80 percent, to 5,277.51. The Nasdaq Composite Index shed 2.06 points, or 0.01 percent,