US markets end the week on a strong note: Dow up 166 points

In US markets stocks rallied led by financial and technology stocks, as a tame core-inflation reading and lower crude prices helped the market end a chaotic week on a high note.

The consumer price index increased 0.6 percent, the most since november. Core prices, which exclude food and energy met analyst expecatations. 

At the end of friday's trade Dow closed up 166 points at 12,307, Nasdaq shut 50 points up at 2,454.50. The Standard & Poor's 500 index advanced 20.16 points to 1360.03.

US markets end the week on a strong note after a tame core-inflation reading, crude slips to 134 USD.