U.S. stock markets registered gains Friday, closing with the Dow Jones Industrial Average at 44,176 points, a rise of 0.5 percent from the previous session. The broader S&P 500 index finished around 6,389 points, up 0.8 percent, while the Nasdaq 100 concluded trading at approximately 23,611 points, a gain of 1.0 percent. The Nasdaq 100 had briefly hit a new high of 23,619 points earlier in the day.
Trading activity occurred amidst limited significant catalysts following the implementation of substantial U.S. tariffs impacting numerous countries on Thursday. U.S. President Donald Trump has voiced concerns regarding the potential legal challenges to his administration’s tariff policies. The U.S. government acknowledges a possibility of having to refund collected tariffs should the policies be deemed to exceed presidential authority following judicial review.
In currency markets, the Euro weakened on Friday evening, trading at 1.1641 U.S. dollars. Conversely, the U.S. dollar was valued at 0.8590 Euros.
The price of gold experienced a slight decline, closing at 3,396 U.S. dollars per fine ounce, down 0.1 percent. This equates to a price of 93.80 Euros per gram.
Oil prices also edged lower, with Brent crude settling at 66.37 U.S. dollars per barrel, a decrease of six cents, or 0.1 percent, from the previous close.
