Wall Street climbs but still approaches monthly losses

US stock indices rose on Friday as investors assess latest data, which showed a slowdown in US inflation.

US personal spending rose 2.5% y/y in January, slowing down from 2.6% in December.

US President Donald Trump announced on the Truth Social platform plans to impose 25% tariffs on Mexican and Canadian imports starting in early March.

On trading, Dow Jones rose 0.5% as of 15:47 GMT to 43481 points, while S&P 500 rose 0.5% to 5891 points, as NASDAQ climbed 0.5%, or 103 points to 18,634 points.