Equity Alert
Most US mkts end tad up Fri, losses in tech stocks cap gains
This story was originally published at 07:58 IST on 10 November 2025
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Equity Alert: Most US mkts end tad up Fri, losses in tech stocks cap gains
MUMBAI--0735 IST--Most US equity indices ended slightly higher Friday, even though the gains were capped due to extended losses in the technology stocks and also as more economic data of the country worried investors of a slowdown in the economy. Among major indices, the NASDAQ Composite index ended marginally lower Friday.
The monthly index of consumer sentiment posted a reading of 50.3 for November, indicating a decline of 6.2% from the previous month and about 30% from a year ago, according to the University of Michigan survey. Economists surveyed by Dow Jones had expected the index at 53.0 after October's 53.6, CNBC reported.
Late Friday, Senate Minority Leader Chuck Schumer offered up a new plan to Republicans that is likely to end the record-breaking US government shutdown. Under the proposal, short-term funding would be provided for the federal government operations in exchange for a one-year extension of enhanced Affordable Care Act tax credits, according to media reports.
Among major technology stocks, Advanced Micro Devices fell nearly 9% for the week ended Friday, Broadcom lost more than 5% this week. On Friday, artificial intelligence player Oracle fell almost 2%.
The S&P 500 index ended marginally higher and the Dow Jones Industrial Average ended 0.2% higher. The Dow Jones Transportation Average was among the biggest gainers, rising nearly 2%.
Following are the closing levels of US indices Friday:
|
INDEX |
LAST LEVEL |
CHANGE IN % |
|
Dow Jones Industrial Average |
46987.1 | 0.16 |
|
Nasdaq Composite |
23004.54 | (-)0.21 |
|
S&P 500 |
6728.8 | 0.13 |
(P. Madhu Kumar)
End
US$1 = INR 88.66
Edited by Tanima Banerjee
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