The Dow Jones industrial average index rose 55 points to 16,496 at the opening bell. The Standard & Poor's 500 index gained 5 points to 1,837 and the Nasdaq composite index added 5 points to 4,152.
Chrysler's U.S. sales rose 6% in the final month of the year, the company said Friday. Industry analysts expect a total U.S. sales gain of about 4% in December and an annual gain of around 8%. All automakers are releasing sales numbers.
On Thursday, the Dow Jones industrial average sank 135.31 points on its first day to 16,441.35. It was the worst first trading day since 2008.
The Standard & Poor's 500 index dropped 16.38 points, or 0.9%, to 1,831.98. The Nasdaq composite index slipped 33.52 points, or 0.8% to 4,143.07.
WALL STREET: Stocks fall in worst first trading day since 2008
European stocks edged higher on Friday, recovering from a bad first day of the year, but Asian markets closed lower following Thursday's declines on Wall Street.
In Europe, Britain's FTSE 100 was up 0.2% at 6,733 while Germany's DAX rose 0.4% to 9,433.. France's CAC-40 added 0.5% to 4,247.
Markets in Asia continued to decline on weaker Chinese manufacturing data. China's benchmark Shanghai composite index on Friday shed 1.2% to 2,083.14, adding to the previous day's 0.3% loss after an HSBC survey showed manufacturing activity weakened in December. Analysts said that suggested China's modest economic recovery might be fading.
Hong Kong's Hang Seng tumbled 2.2% to 22,817.28. India's Sensex shed 0.7% to 20,754. Benchmarks in Singapore, Bangkok, Malaysia and Jakarta also declined. Tokyo was closed for the last day of its New Year's break.
Benchmark oil for February delivery fell 20 cents a barrel to $95.24 in electronic trading on the New York Mercantile Exchange. The contract plunged $2.98 the previous day to settle at $95.44.
Contributing: Ass! ociated Press
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