Wall Street struggles, but Dow Jones gains 169 points

NEW YORK, NY – Friday’s close saw US stocks jumbled, tech stocks continuing to feel the heat and industrials showing some gains.

Shanna Sissel, founder of Banlon Capital Management, told CNBC on Friday, “There are some mixed signals here and I think that’s why volatility is up.” No consensus really emerges on leading indicators that give a lot of confidence about what will happen, the market hates it.”

Dow Jones Industrials was the strongest performer, up 169.39 points or 0.50% to 33,869.27.

The Standard & Poor’s 500 rose 8.96 points to 4,090.46, up 0.22%.

Meanwhile, the tech-laden Nasdaq Composite fell 71.46 points or 0.61% to 11,718.12.

The Russell 2000 rose 3.47 points or 0.18% to close at 1,918.81.

The US dollar mostly rose towards Friday’s US closing. The euro fell 0.53%, he fell to 1.0680. The Japanese yen solidified a touch to 131.40 on his 0.10% rise.

The Canadian dollar surprisingly gained 0.77% to 1.3345. The British pound eased to 1.2054, and the Swiss franc fell to 0.9238 on Friday.

The Australian dollar fell 0.25% to 0.6918 and the New Zealand dollar fell 0.30% to 0.6307.

On the international stock market, the S&P/TSX rose 14.37 points (0.07%) in Toronto, closing at 20,612.12 on Friday.

The Euronext 100 Index fell 9.24 points (0.68%) to close at 1,340.39 and the ESTX 50 PR.EUR fell 52.20 points (1.23%) to 4,197.94.

In Germany, the DAX Performance Index fell 215.44 points or 1.39% to close at 15,307.98.

In Paris, France, the CAC 40 fell 58.63 points (0.82%) to close at 7,129.73, while Belgium’s BEL 20 fell 34.52 points (0.88%) to close at 3,887.49.

The MOEX Russia Index fell 4.14 points (0.19%) to close at 2,222.51.

In London, the FTSE 100 fell by 28.70 points or 0.36% to 7,882.45.

In Asia, Tokyo’s Nikkei 225 rose 86.63 points or 0.31% to close at 27,670.98. In Hong Kong, the Hang Seng Index fell by 433.94 points or 2.01% to 21,190.42.

China’s SSE Composite Index closed at 3,260.67, down 9.71 points or 0.30%, with a total of 292.889 million shares traded. The Shenzhen Index also fell 71.42 points (0.59%) to close at 11,976.85 with a total of 4.122 billion shares traded.

In Australia, the S&P/ASX 200 fell 56.60 points (0.76%) to close at 7,433.70. Meanwhile, Australia’s All Ordinaries fell by 64.70 points (0.84%) to 7,631.10. New Zealand’s S&P/NZX 50 rose to 12,178.76 on Friday, up 60.09 points or 0.50%.

The Singapore Straits Times Index rose 1.21 points (0.04%) to 3,360.69. India’s S&P BSE SENSEX ended the week at 60,682.70, down 123.52 points (0.20%).

Indonesia’s IDX Composite closed at 6,880.33, down 17.04 points or 0.25%. FTSE Bursa Malaysia KLCI increased by 9.95 points or 0.68% to 1,474.59.

South Korea’s KOSPI Composite Index fell 11.79 points or 0.48% to close at 2,469.73 with a total of 662,366 shares traded.

Elsewhere, Argentina’s Buenos Aires Merval rose 233.89 points or 0.61% to close at 38,390.84 on Friday. South Africa’s top US$40 net TRI index closed at 4,376.74, down 116.43 points or 2.59%.