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US Stocks Mixed, Nasdaq Drops Sharply Amid Uneven Friday Trading - Photo: US markets mixed, with Nasdaq showing significantly weaker performance on Friday.
Economy

US Stocks Mixed, Nasdaq Drops Sharply Amid Uneven Friday Trading

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The US stock exchanges showed mixed results on Friday. At the close of trading in New York, the Dow was calculated at 52,348 points, a gain of 0.1 percent compared to the previous trading day.

A few minutes earlier, the broader S&P 500 was down 0.4 percent at around 7,562 points, and the Nasdaq stock exchange tallied the Nasdaq 100 at around 27,984 points, down 1.2 percent at that time.

The European community currency was weaker on Friday evening: One Euro cost 1.1025 US dollars, while one dollar was consequently available for 0.9070 Euros.

Due to the leadership change at Nvidia, the chip designer's shares also fell on Friday. Meanwhile, Microsoft stocks ultimately appeared unaffected by the software company's problems just before the close of trading, after initially recording losses. A disruption had crippled Outlook, Teams, and other cloud services. By the evening, the services had stabilized and the company's shares returned to a gain.

Oil prices rose: A barrel of North Sea Brent crude cost $96.15 on Friday evening around 10 p.m. German time, which was 0.3 percent more than at the close of the previous trading day.

The gold price slightly eased; in the evening, $3,874 was paid for a fine ounce (-0.1 percent). This corresponds to a price of 112.99 Euros per gram.