US stocks bounced back on Friday as oil prices eased, a relief for investors after the longest losing run since late April.

• The Dow rose 509 points, with the S&P 500 and Nasdaq also up around 1%.
• Chip stocks led the way, and TSMC's US-listed shares gained over 1%.
• Oil fell nearly 3% after a run-up driven by rising Middle East tensions, though Brent is still above $104 a barrel.
• August inflation came in line with forecasts, and traders now see an 86% chance the Fed raises rates next week.
• Dell soared 12% to a record high on AI server demand, and HP jumped after beating expectations.

Outlook: All eyes are on next week's Fed meeting, where a rate hike is now widely expected.