Wall Street struggles but Dow Jones manages 169 points gain




NEW YORK, New York — U.S. stocks were mixed at the close Friday with the tech sector continuing to feel the heat, while industrials made some moderate gains.

"There are some mixed signals here, which I think is why volatility is up," Shana Sissel, founder of Banron Capital Management told CNBC Friday. "There’s not really a consensus coming out with leading indicators that give you a lot of confidence of what’s coming next. And the markets hate that."

The Dow Jones industrials did best, rising 169.39 points or 0.50 percent to 33,869.27.

The Standard and Poor’s 500 edged up 8.96 points 0.22 percent to 4,090.46.

The tech-laden Nasdaq Composite on the other hand shed 71.46 points or 0.61 percent to 11,718.12.

The Russell 2000 made a modest 3.47 points or 0.18 percent gain to close at 1,918.81.

The U.S. dollar was mainly higher towards the U.S. close Friday. The euro slumped to 1.0680 for a loss of 0.53 percent. The Japanese yen firmed a touch to 131.40, an increase of 0.10 percent.

The Canadian dollar surprisingly jumped 0.77 percent to 1.3345. The British pound eased to 1.2054, while the Swiss franc fell Friday to 0.9238.

The Australian dollar dropped 0.25 percent to 0.6918, while the New Zealand dollar retreated 0.30 percent to 0.6307.

On the international equities front, in Toronto, the S&P/TSX gained 14.37 points or 0.07 percent to close Friday at 20,612.12.

The Euronext 100 Index closed at 1,340.39, down 9.24 points or 0.68 percent, while the ESTX 50 PR.EUR dived 52.20 points or 1.23 percent to 4,197.94.

In Germany, the DAX Performance Index tumbled 215.44 points or 1.39 percent to end the day at 15,307.98.

In Paris, France, the CAC 40 closed at 7,129.73, down 58.63 points or 0.82 percent, while the BEL 20 in Belgium lost 34.52 points or 0.88 percent to close at 3,887.49.

The MOEX Russia Index ended the day at 2,222.51, down 4.14 points or 0.19 percent.

In London, the FTSE 100 slid 28.70 points or 0.36 percent to 7,882.45.

In Asia, the Nikkei 225 in Tokyo ended the day higher, closing at 27,670.98, for a gain of 86.63 points or 0.31 percent. In Hong Kong, the Hang Seng Index shed a hefty 433.94 points or 2.01 percent to 21,190.42.

The SSE Composite Index in China closed at 3,260.67, down 9.71 points or 0.30 percent, with a total of 292.889 million shares traded. The Shenzhen Index also closed lower, at 11,976.85, down 71.42 points or 0.59 percent, with a total of 4.122 billion shares traded.

In Australia, the S&P/ASX 200 closed at 7,433.70, down 56.60 points or 0.76 percent, while the Australian All Ordinaries came off 64.70 points or 0.84 percent to 7,631.10. New Zealand’s S&P/NZX 50 rose Friday to 12,178.76, for a gain of 60.09 points or 0.50 percent.

The Singapore Straits Times Index inched up 1.21 points or 0.04 percent to 3,360.69. The S&P BSE SENSEX in India finished the week at 60,682.70, down 123.52 points or 0.20 percent on the day.

The IDX Composite in Indonesia closed at 6,880.33, down 17.04 points or 0.25 percent. The FTSE Bursa Malaysia KLCI rose 9.95 points or 0.68 percent to 1,474.59.

The KOSPI Composite Index in South Korea closed at 2,469.73, down 11.79 points or 0.48 percent, with a total of 662,366 shares traded.

Elsewhere, the Merval in Buenos Aires, Argentina, rallied 233.89 points or 0.61 percent to close Friday at 38,390.84. The Top 40 USD Net TRI Index in South Africa closed at 4,376.74, down 116.43 points or 2.59 percent.

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