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- Global Stocks: Asian and U.S. Indices trading higher, only Nikkei trading lower
Global Stocks: Asian and U.S. Indices trading higher, only Nikkei trading lower
The DOW Jones and S&P 500 continued to rise in Friday's trading session. The DOW Jones was up +0.11% closing at 17,573.47 points, the S&P500 +0.03% closing at 2,031.92 after solid but weaker-than-predicted U.S. nonfarm payrolls and a weaker unemployment rate showing a recovery of the world's leading economy.
Hong Kong's Hang Seng is up 0.65% at 23,703.72, China's Shanghai Composite gained 2.27% closing at 2,473.18. Regulators announced that the long-awaited pilot cross-border investment between the Shanghai and Hong Kong stock markets will launch on November 17. China's annual consumer inflation remained close to a five-year low of 1.6% in October, the producer price index declined to a lower-than-expected 2.2% in October.
Japan's Nikkei closed weaker with a loss of -0.59% at 16,780.53 points as the yen rebounded further from his new lows on profit-taking in the dollar following the U.S. payrolls data.
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