Friday’s global markets showcased subtle yet varied movements. MSCI’s global equities index saw a modest rise of 0.13%, reaching 846.99 points. In the United States, trading displayed mixed results throughout the day. The index that tracks the Dow Jones Industrial Average experienced a decline of 86.14 points, equivalent to 0.22%, concluding the session at 41,279.12. Similarly, the S&P 500 recorded a minor decline of 0.03%, ending at 5,662.35, while the Nasdaq Composite fell by 0.04%, closing at 17,920.50.
Conversely, European markets did somewhat better.The STOXX 600 index gained 0.44%, and Germany’s Dax index experienced a significant uptick, rising by 0.63% to achieve a record-high close.
Currency markets mirrored optimism about the upcoming trade negotiations between the United States and China. The dollar index fell by 0.29% to 100.36 but managed to secure a weekly gain against notable currencies like the Swiss franc and the yen. The euro experienced an uptick of 0.25%, now trading at $1.1255, whereas the dollar exhibited a decline of 0.42% contrary to the yen, currently positioned at 145.29.
Cryptocurrencies also made strides, with bitcoin climbing 0.67% to hit $103,317.75, marking its fourth consecutive day of growth.
