Mixed US Stocks Nasdaq Drops 1 Point 2 Percent While Dow Gains Slightly
Mixed

Mixed US Stocks Nasdaq Drops 1 Point 2 Percent While Dow Gains Slightly

The US stock exchanges showed mixed results on Friday. At the close of trading in New York, the Dow was calculated at 52,348 points, an increase of 0.1 percent compared to the previous trading day.

A few minutes earlier, the broader S&P 500 was down 0.4 percent at around 7,562 points, while the technology exchange, the Nasdaq 100, calculated around 27,984 points, down 1.2 percent at that time.

The European common currency was weaker on Friday evening: One Euro cost 1.1025 US dollars, and a dollar was consequently worth 0.9070 Euro.

Due to the leadership change at Nvidia, the chip designer’s shares also fell on Friday. Meanwhile, Microsoft shares ultimately showed no reaction to the software company’s issues shortly before the close, after initially recording losses. An outage had paralyzed Outlook, Teams, and other cloud services. By the evening, the services had stabilized and the company’s stock returned to positive territory.

The oil price rose: A barrel of North Sea Brent crude cost $96.15 US dollars on Friday evening around 10 PM Central European Time, which was 0.3 percent more than at the close of the previous trading day.

The gold price eased slightly; in the evening, $3,874 US dollars were paid for one troy ounce (-0.1 percent). This corresponds to a price of 112.99 Euro per gram.