Lola Evans
14 Sep 2019, 06:59 GMT+10
NEW YORK, New York - Strong U.S. retail sales and data showing a rise in U.S. consumer sentiment encouraged investors on Wall Street on Friday.
"We've had these small concessions back and forth, which at minimum gives investors some confidence that things are moving in the right direction," Joseph Sroka, chief investment officer at NovaPoint in Atlanta told Reuters Thomson on Friday.
Positive comments from U.S. President Donald Trump about an eventual deal with China on trade also had some impact.
In the end however two of the indices rifted into negative territory, while the Dow gained a little ground.
The U.S. dollar moved higher against a basked of currencies, but fell again a robust British pound and Australian dollar.
At the close on Friday, the Dow Jones Industrial Average was 36.28 points, or 0.13%, ahead at 27,218.73.
The Standards and Poor's 500 was flat, conceding 2.3 points, or 0.08%, to 3,007.27.
The Nasdaq Composite dipped 17.75 points, or 0.22%, to 8,176.71.
European markets made modest gains. The German Dax rose 0.47%. In Paris, the CAC 40 gained 0.22%. London's FTSE 100 climbed 0.31%.
On Asian markets , the Nikkei 225 in Japan was ahead 228.68 points or 1.05% at 21,988.29.
In China, the Shanghai Composite rose 22.42 points or 0.75% to 3,031.24.
The Australian All Ordinaries climbed 11.40 points or 0.17% to 6,777.10.
Get a daily dose of New Zealand Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to New Zealand Star.
More InformationWASHINGTON, DC - U.S. investigators are trying to determine what caused a Saudi air force pilot in the United States ...
TEHRAN (Tasnim) - China Friday said it had taken 'reciprocal' measures against US diplomats in the country, who will have ...
HYDERABAD, India - Four men accused of the rape and murder of a 27-year old woman veterinarian in Hyderabad, India ...
Canada recently voted at the United Nations for the establishment of a Palestinian state. At the same time, Canada reiterated ...
APIA, SAMOA, Pacific Ocean - UN teams are on the ground in Samoa as the country combats a deadly measles ...
PORTLAND, Oregon - Like many Americans, Aaron Cole and his wife had been able to save up a nest egg ...
NEW YORK, New York - A robust jobs market in the U.S. may help the country avoid a recession. Figures ...
TEHRAN (Tasnim) - China Friday said it had taken 'reciprocal' measures against US diplomats in the country, who will have ...
SYDNEY, Australia - Stocks in Asia made a welcome return to the black on Friday, to close out what has ...
BEIJING, China - The Asian Development Bank (ADB) has approved a $300 million results-based lending program with private sector involvement ...
NEW YORK, New York - U.S. stock markets made minor gains on Thursday as speculation over the outcome of trade ...
DUSHANBE, Tajikistan - Tajikistan is reportedly on the cusp of selling a stake in its main industrial concern to a ...