The Dow Jones Industrial Average fell 0.24%, the S&P 500 lost 0.03% and the Nasdaq Composite added 0.04%. For the week the Dow rose 6.87%, the S&P 500 7.33% and the Nasdaq 9.02%. All three posted their best weekly percentage gains since April.
NEW YORK/LONDON: Global stock markets edged higher and the dollar sank to a two-month low on Friday as investors awaited final vote processing in the U.S. presidential election that more and more showed Joe Biden on the verge of winning the White House.
Treasury yields rose on better-than-expected October employment data, while oil prices slid below $40 a barrel as new lockdowns in Europe to halt the surging COVID-19 pandemic dimmed the demand outlook.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
