Stocks ended mixed Friday, with the Dow Jones Industrials
Average and the S&P 500 giving in to a late sell off to snap a
four-day winning streak. The Nasdaq Composite continued its run
higher, however, again closing at its best levels since the
Internet bubble years.
Consumer stocks also were mixed on Black Friday, traditionally
one of the busiest shopping days of the holiday season, with shares
of consumer discretionary companies posting smallish gains while
consumer staples stock finished slightly lower. Most other industry
sectors in the S&P 500 also were lower today, although
technology stocks also managed to end with small gains.
Volume, however, was painfully thin Friday, stifled by the
absence of market-moving economic news and earnings as well as the
abbreviation of the session the day after Thanksgiving.
The broader markets this week were elevated by mostly strong
economic data, which pointed to a modest economic recovery and
improving consumer sentiment without the inflationary pressure
associated with economic growth.
Here's where the U.S. markets stood at end-of-day:
Dow Jones Industrial Average down 10.92 (-0.07%) to 16086.41
S&P 500 down 1.42 (-0.08%) to 1805.81
Nasdaq Composite Index up 15.14 (+0.37%) to 4,059.89
Hang Seng Index +0.39%
Shanghai China Composite Index +0.05%
FTSE 100 Index -0.06%
(+) NAT, Establishes new offshore-supply vessel company, expects
increased demand for liquefied natural gas carriers from Japan.
(+) ZOOM, Agreed to acquire mobile-advertising company Beijing
Baifen Tonglian Information & Technology Co. in a stock
(+) DSS, The company's DSS Technology Management unit has filed
a patent lawsuit against Apple Inc. (
(-) RENN, Reported a Q3 adjusted loss of $19.7 million, wider
than the loss of $12.1 million in the corresponding period of
(-) UEPS, The South African Constitutional Court set aside
appeals court decision but suspended its declaration of invalidity
pending determination of a "just and equitable remedy" regarding
South African Social Security Agency awarding a contract to Net1's
wholly owned subsidiary Cash Paymaster Services.
(-) FTNT, Analysts were "unsettled" by the departure of Chief
Financial Officer Ahmed Rubaie after just seven months on the
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