U.S. stocks ended higher on Friday as oil prices fell below 67 dollars.

In the closing trading, the Dow Jones Industrial Average gained 60.67, or 0.54 percent, to 11,392.11. The Standard & Poor's 500 index was up 4.90, or 0.38 percent, to 1,298.92, and the Nasdaq composite index rose 10.50, or 0.49 percent, to 2,165.79.

World crude oil prices fell below 67 dollars on Friday as concerns on supply eased. New York's main contract, light sweet crude for delivery in October, fell 1.07 dollars to 66.25 dollars per barrel, marking its lowest level since April 5.

The contract has been selling off for weeks and is down more than 10 dollars a barrel from last month.

Cleveland Federal Reserve President Sandra Pianalto, a voting member of the Fed's Open Market Committee, said on Friday that " elevated inflation numbers" are still a concern.

Source: Xinhua