Day traders' weekend lounge May 30 - June 1

Thanks afternoon crew. Another decent week. Enjoy the break, all.

End-of-day summary:

The share market sealed its sixth weekly advance in seven weeks after rate cut hopes helped overcome early weakness on Friday.

The ASX 200 swung from an early loss of 30 points to a gain of 25 points or 0.3% on the final session of the week. That extended the index's tally for the week to 74 points or 0.88%.

Gold miners, healthcare providers, utilities, banks and supermarkets led the Friday advance. Notable drags included Fortescue, Woodside, Santos and QBE.

The market turned positive after mid-morning retail sales bolstered the case for interest rate cuts. Retail turnover shrank 0.1% last month against expectations. Australian government bond yields declined in the wake of the report.

US stocks struggled higher overnight in volatile trade as the White House's on-off tariff campaign played out in court. The S&P 500 swung to a final gain of 0.4%.