Dow Jumps Over 100 Points; ISM Manufacturing PMI Increases In December

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Friday.

Following the market opening, the Dow traded up 0.31% to 42,524.52 while the NASDAQ gained 0.88% to 19,450.89. The S&P 500 also rose, gaining, 0.51% to 5,898.53.

Check This Out: How To Earn $500 A Month From KB Home Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Information technology shares rose by 1.1% on Friday.

In trading on Friday, financial shares fell by 0.2%.

Top Headline

The ISM manufacturing PMI increased by 0.9 points to a reading of 49.3 in December, topping market estimates of 48.4.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded up 0.4% to $73.42 while gold traded down 0.3% at $2,662.40.

Silver traded up 1.2% to $30.265 on Friday, while copper rose 0.7% to $4.0540.

Euro zone

European shares were lower today. The eurozone's STOXX 600 fell 0.4%, Germany's DAX 40 fell 0.5% and France's CAC 40 dipped 1.3%. Spain's IBEX 35 Index fell 0.1%, while London's FTSE 100 fell 0.3%.

Asia Pacific Markets

Asian markets closed mixed on Friday, with China's Shanghai Composite Index falling 1.57%, Hong Kong's Hang Seng Index gaining 0.70% and India's BSE Sensex falling 0.90%.

Economics

The ISM manufacturing PMI increased by 0.9 points to a reading of 49.3 in December, topping market estimates of 48.4.

Now Read This:

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.