Wall Street closes mixed after diverse data

Friday, 16. October 2020 22:00

Major stock market indexes in the United States ended mixed on Friday same as the data reported. Industrial production in the US decreased by 0.6% in September while the inventories in the manufacturing and trade sectors in the United States rose by 0.3% in August. Consumer Sentiment Index increased by 1% in October and seasonally adjusted turnover in retail trade grew 1.9% on a monthly basis to land at $549.3 billion in September.

The Dow Jones Industrial Average ended 0.39% higher with Caterpillar Inc. rising by 2.25%. Nasdaq 100 decreased by 0.39% as Lam Research Group fell by 2.80%. The S&P 500 stood flat. General Electric Co. was the best performer going up by 6.11%.

The euro rose by 0.10% against the dollar, going for 1.17179 at 3:59 pm ET.

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Author:
Breaking the News / TF