Stocks finished the week positive following solid earning out of the US coupled with encouraging news out of Europe.
The Dow Index rose 65 points to finish at 13,029 flirting with the 13,000 milestone all week while the S&P 500 gained 1.21 point to close at 1,378.53. Earlier in the session the Dax Index rallied 1.18 percent to close at 6750.
The GBPUSD (see above chart) rallied to touch a five-month high Friday session on signs of improving U.K. consumer demand and expectations the country's policymakers will pause from further monetary stimulus.
WTI crude oil traded up from Friday night lows of 102.95 to as high as 104.70 following a report out of Germany that showed that the business sentiment rose unexpectedly for the sixth month in a row.
Gold stayed nearly flat in light trade on Friday, it is still on track to log declines for two of the past three weeks as investors took to the sidelines ahead of a Federal Reserve policy meeting next week.
Looking ahead the Chinese HSBC Flash Manufacturing PMI numbers will be released this afternoon.
INDICES
Last Traded
SPI 200 future 4375
S&P500 Index 1378
Dow Jones 13029
FTSE 100 Index 5722
COMMODITIES
Last Traded
Gold 1640.90
Oil (Nymex) 103.82
CURRENCIES
Last Traded
AUDUSD 10368
EURUSD 1.3199
GBPUSD 1.6128
USDJPY 81.65
Source
Bloomberg, Dow Jones News
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