The Dow Jones Industrial Average and other major stock indexes closed higher but off session highs Friday after a soft inflation report provided a bullish backdrop, while efforts continued to avert a partial government shutdown.

The Dow Jones Industrial Average and other major stock indexes reversed from a premarket deficit and surged Friday afternoon as a soft inflation report reassured investors while efforts to avert a partial government shutdown gathered steam.

The Dow Jones Industrial Average and other major stock indexes reversed from a premarket deficit and surged higher Friday as a soft inflation report reassured investors while efforts to avert a partial government shutdown gathered steam.