The US stock industry ended higher on Friday, with the Nasdaq recording a fifth straight week of gains and record closing high.
The Dow Jones Industrial Average gained 4.33 points, or 0.01%, to 39,069.59, while the S&P 500 rose 36.88 points, or 0.70%, to 5,304.72. The Nasdaq Composite closed 184.76 points, or 1.10%, higher at 16,920.79.
Asian markets traded higher today ahead of key economic data from China and India later this week. MSCI’s broadest index of Asia-Pacific shares outside Japan firmed 0.1%, having slipped 1.5% last week and away from a two-year peak.
Japan’s Nikkei 225 gained 0.39% and the Topix rose 0.4%. South Korea’s Kospi added 0.3%, while the Kosdaq gained 0.35%. Hong Kong’s Hang Seng index futures indicated a stronger open.
Gift Nifty was trading around the 23,030 level, a premium of nearly 15 points from the Nifty futures’ previous close, indicating a flat-to-positive positive start for the Indian stock industry indices.
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