Stocks in the U.S. rose on Friday with all three major benchmarks booking their first weekly gains in three weeks.
The Dow Jones Industrial Average closed 0.1 percent high to 23,557.99 while the S&P 500 added 0.2 percent up to 2,602.42. On the other hand, the NASDAQ advanced 0.3 percent up to 6,889.16.
Equities in Europe ended under pressure on Friday due to lower liquidity levels for the Thanksgiving holiday.
Pan- European Stoxx 600 fell 0.13 percent on Friday. Meanwhile UK’s FTSE 100 closed down 0.10 percent to 7,409.64. On the other hand, France’s CAC 40 and Germany DAX both popped up 0.2 and 0.39 percent to 5,390.46 and 13,059.84 percent respectively.
Asian benchmark indexes ended mixed on Friday after a quiet overnight trading session with U.S. markets closed for the Black Friday holiday.
Japan’s Nikkei 225 recovered its early closes to end up 0.12 percent at 22, 550.85. South Korea’s Kospi added 0.28 percent at 2,544.33. Meanwhile Australia’s ASX 200 lost 0.06 to end at 5,982.55. Mainland’s China’s Shanghai Composite eked out gains of 0.06 percent to close at 3,353.82.
On Friday, major indexes on the JSE were timid as investors awaited the results of rating decisions from Moody’s and S&P after the end of the trading session.
The All Share index added a marginal 0.04 percent to remain flat at about 60,323.00 while the financial index fell 0.57 percent with banks contributing the most to dragging the index lower at 42,970.3. The resources index ended stronger after adding 0.44 percent at 21,687.55.