The dollar strengthened on Friday after the latest round of economic data showed a rebound in import prices while consumer sentiment remained subdued as tariff worries jumped, putting it on pace for a fourth straight weekly advance.

US stocks drifted higher on Friday, on track for gains in three of the past four weeks as investors look ahead to a key reading on consumer sentiment later this morning.

US stocks are expected to push higher again on Friday, though gains are likely to be modest as investors tread carefully following a strong week on Wall Street.

The U.S. dollar dipped alongside Treasury yields on Friday after a string of weak economic data fueled expectations of more Federal Reserve interest rate cuts this year. Producer Price Index (PPI) data showed an