Directionless Wall Street in the middle of Thanksgiving weekend







Photo credit © Reuters

by Stephen Culp

NEW YORK (Reuters) – The New York Stock Exchange ended Friday without much change and with low trading volumes after a shortened session the day after a closing day due to the Thanksgiving holiday.

In the absence of many speakers, the Dow Jones index gained 0.33%, or 117.12 points, to 35,390.15 points.

The broader S&P-500 finished almost flat, with a modest gain of 2.72 points, or 0.06%, to 4,559.34 points.

The Nasdaq Composite for its part fell 15 points (-0.11%) to 14,250.86 points.

All three indexes record a fourth consecutive week of weekly gains. The Dow gained 1.27% over the week, the S&P-500 1.00% and the Nasdaq 0.09%.

In individual values, Nvidia lost 1.93%. Reuters reported that the group had informed its Chinese customers of the postponement until the first quarter of 2024 of the launch of its H20 chip, designed to comply with export rules dictated by Washington.

Autonomous vacuum cleaner maker iRobot soared 39% as three sources told Reuters that Amazon (+0.02%) was close to getting the green light from the European Commission to acquire the band.

(Written by Stephen Culp, French version Bertrand Boucey, edited by Zhifan Liu)











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