Mexico stocks higher at close of trade; IPC up 0.23%

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Consumer Goods&Services, Financial Services and Materials sectors led shares higher.

At the close in Mexico, the IPC rose 0.23%.

The best performers of the session on the IPC were Alpek, S.A.B. De C.V. (MX:ALPEKA), which rose 5.22% or 1.110 points to trade at 22.380 at the close. Meanwhile, Nemak SAB de CV (MX:NEMAKA) added 2.60% or 0.35 points to end at 13.80 and Grupo Financiero Banorte (MX:GFNORTEO) was up 2.60% or 2.970 points to 117.160 in late trade.

The worst performers of the session were Grupo Televisa SAB Unit (MX:TLVACPO), which fell 2.81% or 2.05 points to trade at 70.85 at the close. Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) declined 1.56% or 0.690 points to end at 43.670 and Coca Cola Femsa SAB De CV (MX:KOFL) was down 1.39% or 1.80 points to 127.70.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 103 to 102 and 6 ended unchanged.

Shares in Grupo Televisa SAB Unit (MX:TLVACPO) fell to 3-years lows; losing 2.81% or 2.05 to 70.85.

Gold Futures for December delivery was up 1.27% or 16.21 to $1294.41 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.72% or 1.50 to hit $56.64 a barrel, while the January Brent oil contract rose 2.23% or 1.37 to trade at $62.73 a barrel.

USD/MXN was down 0.72% to 18.9175, while EUR/MXN fell 0.53% to 22.3084.

The US Dollar Index Futures was down 0.25% at 93.61.

Peru stocks higher at close of trade; S&P Lima General up 0.68%

Investing.com – Peru stocks were higher after the close on Friday, as gains in the Banking&Financials, Food&Beverages and Mining sectors led shares higher.

At the close in Lima, the S&P Lima General added 0.68%.

The best performers of the session on the S&P Lima General were Atacocha (LM:ATB), which rose 3.51% or 0.020 points to trade at 0.590 at the close. Meanwhile, Ferreyros (LM:FER) added 3.24% or 0.080 points to end at 2.550 and Credicorp (LM:BAP) was up 2.38% or 4.85 points to 208.45 in late trade.

The worst performers of the session were Austral Group SAA (LM:AUG), which fell 9.70% or 0.160 points to trade at 1.490 at the close. Empresa Agroindustrial Pomalca (LM:POM) declined 9.36% or 0.019 points to end at 0.184 and Grana Y Monter (LM:GRA) was down 7.80% or 0.170 points to 2.010.

Rising stocks outnumbered declining ones on the Lima Stock Exchange by 14 to 10 and 12 ended unchanged.

Crude oil for December delivery was up 2.63% or 1.45 to $56.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 2.20% or 1.35 to hit $62.71 a barrel, while the December Gold Futures contract rose 1.24% or 15.91 to trade at $1294.11 a troy ounce.

USD/PEN was down 0.16% to 3.2440, while EUR/PEN fell 0.02% to 3.8287.

The US Dollar Index Futures was down 0.26% at 93.60.

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.43%

Investing.com – U.S. stocks were lower after the close on Friday, as losses in the Utilities, Technology and Industrials sectors led shares lower.

At the close in NYSE, the Dow Jones Industrial Average lost 0.43%, while the S&P 500 index lost 0.26%, and the NASDAQ Composite index fell 0.15%.

The best performers of the session on the Dow Jones Industrial Average were Nike Inc (NYSE:NKE), which rose 3.42% or 1.96 points to trade at 59.19 at the close. Meanwhile, Verizon Communications Inc (NYSE:VZ) added 1.45% or 0.65 points to end at 45.42 and Home Depot Inc (NYSE:HD) was up 0.14% or 0.24 points to 167.74 in late trade.

The worst performers of the session were Intel Corporation (NASDAQ:INTC), which fell 2.23% or 1.02 points to trade at 44.63 at the close. Wal-Mart Stores Inc (NYSE:WMT) declined 2.16% or 2.15 points to end at 97.47 and Coca-Cola Company (NYSE:KO) was down 1.80% or 0.84 points to 45.71.

The top performers on the S&P 500 were Foot Locker Inc (NYSE:FL) which rose 28.16% to 40.82, Viacom B Inc (NASDAQ:VIAB) which was up 10.38% to settle at 26.15 and Ross Stores Inc (NASDAQ:ROST) which gained 9.99% to close at 72.25.

The worst performers were Cummins Inc (NYSE:CMI) which was down 4.62% to 159.41 in late trade, PACCAR Inc (NASDAQ:PCAR) which lost 4.32% to settle at 66.69 and Scana Corporation (NYSE:SCG) which was down 3.44% to 43.45 at the close.

The top performers on the NASDAQ Composite were Micronet Enertec Technologies Inc (NASDAQ:MICT) which rose 59.71% to 1.230, Eastside Distilling Inc (NASDAQ:ESDI) which was up 30.80% to settle at 5.69 and Shoe Carnival Inc (NASDAQ:SCVL) which gained 29.67% to close at 26.75.

The worst performers were Real Industry Inc (NASDAQ:RELY) which was down 40.37% to 0.36 in late trade, OptimumBank Holdings Inc (NASDAQ:OPHC) which lost 39.64% to settle at 4.980 and SenesTech Inc (NASDAQ:SNES) which was down 36.68% to 0.86 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2007 to 1085 and 126 ended unchanged; on the Nasdaq Stock Exchange, 1547 rose and 987 declined, while 123 ended unchanged.

Shares in Ross Stores Inc (NASDAQ:ROST) rose to all time highs; rising 9.99% or 6.56 to 72.25. Shares in Real Industry Inc (NASDAQ:RELY) fell to all time lows; down 40.37% or 0.24 to 0.36. Shares in SenesTech Inc (NASDAQ:SNES) fell to all time lows; falling 36.68% or 0.50 to 0.86.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 3.06% to 11.40.

Gold Futures for December delivery was up 1.23% or 15.77 to $1293.97 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.68% or 1.48 to hit $56.62 a barrel, while the January Brent oil contract rose 2.23% or 1.37 to trade at $62.73 a barrel.

EUR/USD was up 0.20% to 1.1793, while USD/JPY fell 0.80% to 112.15.

The US Dollar Index Futures was down 0.27% at 93.59.

Colombia stocks higher at close of trade; COLCAP up 0.33%

Investing.com – Colombia stocks were higher after the close on Friday, as gains in the Investment, Financials and Industrials sectors led shares higher.

At the close in Colombia, the COLCAP gained 0.33%.

The best performers of the session on the COLCAP were Grupo de Inversiones Suramericana SA (CN:SIS), which rose 2.05% or 780.0 points to trade at 38900.0 at the close. Meanwhile, Avianca Holdings Pf (CN:AVT_p) added 1.24% or 35.0 points to end at 2860.0 and Conconcret (CN:CIC) was up 1.01% or 10.0 points to 1005.0 in late trade.

The worst performers of the session were Corporacion Financiera Colombiana SA (CN:CFV), which fell 0.69% or 200.0 points to trade at 28600.0 at the close. Banco Davivienda Pf (CN:DVI_p) declined 0.64% or 200.0 points to end at 31060.0 and Etb (CN:ETB) was down 0.60% or 3.0 points to 499.0.

Rising stocks outnumbered declining ones on the Colombia Stock Exchange by 16 to 13 and 2 ended unchanged.

US coffee C for December delivery was down 2.29% or 2.90 to $123.75 . Elsewhere in commodities trading, US cocoa for delivery in March fell 1.07% or 23.00 to hit $2120.50 , while the December Gold Futures contract rose 1.33% or 17.00 to trade at $1295.20 a troy ounce.

USD/COP was down 0.28% to 3006.42, while BRL/COP rose 0.23% to 923.01.

The US Dollar Index Futures was down 0.32% at 93.54.

Bitcoin Pares Gains After Surge to Record Highs on Split Rumours

Investing.com – Bitcoin recorded fresh all-time highs on Friday, rising above $8,000 for the first time in its nine-year history amid reports that a group of bitcoin miners plan to move ahead with an upgrade of the bitcoin network which may lead to a split, or “hard fork”.

On the U.S.-based Bitfinex exchange, bitcoin fell to $7,846.5, down $18.5, or 0.24% after rising to an all-time high of $8,040. Bitcoin’s market cap surged to $131 billion.

The latest surge in bitcoin comes on the back of reports that a small group of Bitcoin miners –users who help maintain the system by validating transactions stored in “blocks” on the network – planed to initiate the SegWit2x upgrade of the underlying software supporting bitcoin despite the developers behind the upgrade shelving plans last week.

SegWit2x aims to speed up transactions on the bitcoin network by increasing the size of “blocks” - files that store information on the network - from one megabyte to two megabytes (hence, the 2x). The update is expected to activate on Friday.

Bitcoin demand usually surges ahead of an upgrade of the bitcoin network as it tends to lead to a split or so-called hard fork in Bitcoin, creating a new currency which is usually freely distribute to existing holders of bitcoin.

Other cryptocurrencies mirrored bitcoin’s move higher as Bitcoin cash rose to $1,104.40, up 22.11% while bitcoin gold rose 4.90% to $164.

Ethereum, the second largest cryptocurrency by market cap, rose 0.40% to $332.19.

Denmark stocks lower at close of trade; OMX Copenhagen 20 down 0.16%

Investing.com – Denmark stocks were lower after the close on Friday, as losses in the Chemicals, Software&Computer Services and Oil&Gas sectors led shares lower.

At the close in Copenhagen, the OMX Copenhagen 20 fell 0.16%.

The best performers of the session on the OMX Copenhagen 20 were Pandora A/S (CO:PNDORA), which rose 1.51% or 8.5 points to trade at 573.0 at the close. Meanwhile, FLSmidth&Co. (CO:FLS) added 1.37% or 5.0 points to end at 370.5 and Genmab (CO:GEN) was up 1.24% or 15.0 points to 1225.0 in late trade.

The worst performers of the session were AP Moeller - Maersk A/S B (CO:MAERSKb), which fell 2.00% or 210 points to trade at 10270 at the close. Nordea Bank AB (CO:NDA) declined 1.61% or 1.20 points to end at 73.25 and AP Moeller - Maersk A/S A (CO:MAERSKa) was down 1.57% or 160 points to 10000.

Rising stocks outnumbered declining ones on the Copenhagen Stock Exchange by 63 to 55 and 16 ended unchanged.

Crude oil for December delivery was up 2.18% or 1.20 to $56.34 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.89% or 1.16 to hit $62.52 a barrel, while the December Gold Futures contract rose 0.99% or 12.67 to trade at $1290.87 a troy ounce.

USD/DKK was down 0.18% to 6.3104, while EUR/DKK rose 0.01% to 7.4413.

The US Dollar Index Futures was down 0.23% at 93.62.

France stocks lower at close of trade; CAC 40 down 0.32%

Investing.com – France stocks were lower after the close on Friday, as losses in the Utilities, Technology and Industrials sectors led shares lower.

At the close in Paris, the CAC 40 fell 0.32%, while the SBF 120 index declined 0.39%.

The best performers of the session on the CAC 40 were Vivendi SA (PA:VIV), which rose 4.39% or 0.95 points to trade at 22.61 at the close. Meanwhile, Publicis Groupe SA (PA:PUBP) added 1.75% or 0.93 points to end at 54.01 and TechnipFMC PLC (PA:FTI) was up 1.45% or 0.33 points to 22.74 in late trade.

The worst performers of the session were Peugeot SA (PA:PEUP), which fell 2.79% or 0.54 points to trade at 18.61 at the close. Cap Gemini SA (PA:CAPP) declined 1.72% or 1.75 points to end at 99.75 and Engie SA (PA:ENGIE) was down 1.28% or 0.18 points to 14.30.

The top performers on the SBF 120 were Neopost (PA:NPOS) which rose 4.89% to 29.38, Vivendi SA (PA:VIV) which was up 4.39% to settle at 22.61 and Soitec SA (PA:SOIT) which gained 3.82% to close at 68.780.

The worst performers were Elior Group (PA:ELIOR) which was down 18.17% to 20.16 in late trade, Iliad (PA:ILD) which lost 4.55% to settle at 199.50 and Air France KLM SA (PA:AIRF) which was down 4.06% to 10.975 at the close.

Falling stocks outnumbered advancing ones on the Paris Stock Exchange by 316 to 272 and 102 ended unchanged.

Shares in Vivendi SA (PA:VIV) rose to 52-week highs; gaining 4.39% or 0.95 to 22.61. Shares in Vivendi SA (PA:VIV) rose to 52-week highs; rising 4.39% or 0.95 to 22.61.

The CAC 40 VIX, which measures the implied volatility of CAC 40 options, was down 1.46% to 13.61.

Gold Futures for December delivery was up 0.97% or 12.43 to $1290.63 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.23% or 1.23 to hit $56.37 a barrel, while the January Brent oil contract rose 1.97% or 1.21 to trade at $62.57 a barrel.

EUR/USD was up 0.16% to 1.1789, while EUR/GBP rose 0.07% to 0.8928.

The US Dollar Index Futures was down 0.21% at 93.64.

Spain stocks lower at close of trade; IBEX 35 down 0.78%

Investing.com – Spain stocks were lower after the close on Friday, as losses in the Consumer Goods, Financial Services&Real Estate and Chemical, Petroleum&Plastic sectors led shares lower.

At the close in Madrid, the IBEX 35 declined 0.78%.

The best performers of the session on the IBEX 35 were Acciona (MC:ANA), which rose 1.79% or 1.200 points to trade at 68.130 at the close. Meanwhile, Bankinter (MC:BKT) added 0.84% or 0.065 points to end at 7.810 and Mediaset ESP (MC:TL5) was up 0.41% or 0.037 points to 8.960 in late trade.

The worst performers of the session were Inditex (MC:ITX), which fell 1.65% or 0.490 points to trade at 29.265 at the close. Caixabank SA (MC:CABK) declined 1.45% or 0.058 points to end at 3.940 and Enagas (MC:ENAG) was down 1.29% or 0.310 points to 23.625.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 113 to 58 and 18 ended unchanged.

Gold Futures for December delivery was up 0.98% or 12.49 to $1290.69 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.25% or 1.24 to hit $56.38 a barrel, while the January Brent oil contract rose 2.00% or 1.23 to trade at $62.59 a barrel.

EUR/USD was up 0.16% to 1.1789, while EUR/GBP rose 0.07% to 0.8928.

The US Dollar Index Futures was down 0.21% at 93.64.

Poland stocks higher at close of trade; WIG30 up 1.18%

Investing.com – Poland stocks were higher after the close on Friday, as gains in the Oil&Gas, Media and Telecoms sectors led shares higher.

At the close in Warsaw, the WIG30 rose 1.18%.

The best performers of the session on the WIG30 were Polski Koncern Naftowy ORLEN SA (WA:PKN), which rose 3.53% or 4.09 points to trade at 120.06 at the close. Meanwhile, Grupa Lotos SA (WA:LTSP) added 2.97% or 1.79 points to end at 62.05 and Globe Trade Centre SA (WA:GTCP) was up 2.73% or 0.24 points to 9.04 in late trade.

The worst performers of the session were Jastrzebska Spotka Weglowa SA (WA:JSW), which fell 2.68% or 2.51 points to trade at 90.99 at the close. Eurocash SA (WA:EUR) declined 1.67% or 0.47 points to end at 27.64 and Asseco Poland SA (WA:ACPP) was down 1.40% or 0.61 points to 42.90.

Rising stocks outnumbered declining ones on the Warsaw Stock Exchange by 254 to 223 and 170 ended unchanged.

Shares in Eurocash SA (WA:EUR) fell to 5-year lows; falling 1.67% or 0.47 to 27.64. Shares in Asseco Poland SA (WA:ACPP) fell to 3-years lows; falling 1.40% or 0.61 to 42.90.

Crude oil for December delivery was up 2.27% or 1.25 to $56.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 2.04% or 1.25 to hit $62.61 a barrel, while the December Gold Futures contract rose 0.91% or 11.69 to trade at $1289.89 a troy ounce.

EUR/PLN was down 0.15% to 4.2344, while USD/PLN fell 0.36% to 3.5903.

The US Dollar Index Futures was down 0.25% at 93.61.

Germany stocks mixed at close of trade; DAX down 0.41%

Investing.com – Germany stocks were mixed after the close on Friday, as gains in the Basic Resources, Media and Software sectors led shares higher while losses in the Utilities, Pharmaceuticals&Healthcare and Telecoms sectors led shares lower.

At the close in Frankfurt, the DAX declined 0.41%, while the MDAX index declined 0.08%, and the TecDAX index climbed 0.25%.

The best performers of the session on the DAX were Linde AG O.N. (DE:LING), which rose 2.06% or 3.80 points to trade at 188.00 at the close. Meanwhile, Deutsche Boerse AG (DE:DB1Gn) added 1.28% or 1.190 points to end at 94.000 and Prosiebensat 1 Media AG (DE:PSMGn) was up 0.88% or 0.220 points to 25.295 in late trade.

The worst performers of the session were Fresenius SE&Co KGAA O.N. (DE:FREG), which fell 5.43% or 3.640 points to trade at 63.370 at the close. RWE AG ST O.N. (DE:RWEG) declined 3.93% or 0.795 points to end at 19.450 and E.ON SE NA (DE:EONGn) was down 2.42% or 0.242 points to 9.778.

The top performers on the MDAX were Salzgitter AG (DE:SZGG) which rose 3.20% to 43.030, Leoni AG (DE:LEOGn) which was up 2.87% to settle at 59.460 and Steinhoff International Holdings NV (DE:SNHG) which gained 2.33% to close at 3.25.

The worst performers were Bilfinger SE O.N. (DE:GBFG) which was down 2.17% to 37.575 in late trade, Fuchs Petrolub AG VZO Pref (DE:FPEG_p) which lost 1.54% to settle at 45.540 and K+S AG NA O.N. (DE:SDFGn) which was down 1.37% to 19.110 at the close.

The top performers on the TecDAX were Slm Solution G (DE:AM3D) which rose 4.18% to 43.60, Adva Optical Networking SE (DE:ADAG) which was up 3.31% to settle at 5.530 and Wirecard AG (DE:WDIG) which gained 3.00% to close at 87.800.

The worst performers were Medigene NA O.N. (DE:MDG1k) which was down 3.54% to 10.485 in late trade, Evotec AG O.N. (DE:EVTG) which lost 3.32% to settle at 12.390 and GFT Technologies AG (DE:GFTG) which was down 2.33% to 11.945 at the close.

Falling stocks outnumbered advancing ones on the Frankfurt Stock Exchange by 401 to 332 and 53 ended unchanged.

Shares in Fresenius SE&Co KGAA O.N. (DE:FREG) fell to 52-week lows; down 5.43% or 3.640 to 63.370. Shares in Salzgitter AG (DE:SZGG) rose to 5-year highs; rising 3.20% or 1.335 to 43.030. Shares in Leoni AG (DE:LEOGn) rose to 52-week highs; gaining 2.87% or 1.660 to 59.460. Shares in Slm Solution G (DE:AM3D) rose to all time highs; gaining 4.18% or 1.75 to 43.60. Shares in Wirecard AG (DE:WDIG) rose to all time highs; rising 3.00% or 2.560 to 87.800.

The DAX volatility index, which measures the implied volatility of DAX options, was down 1.59% to 14.10.

Gold Futures for December delivery was up 0.91% or 11.68 to $1289.88 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.27% or 1.25 to hit $56.39 a barrel, while the January Brent oil contract rose 2.05% or 1.26 to trade at $62.62 a barrel.

EUR/USD was up 0.20% to 1.1793, while EUR/GBP rose 0.10% to 0.8931.

The US Dollar Index Futures was down 0.25% at 93.61.

Russia stocks lower at close of trade; MICEX down 0.03%

Investing.com – Russia stocks were lower after the close on Friday, as losses in the Power, Mining and Oil&Gas sectors led shares lower.

At the close in Moscow, the MICEX lost 0.03%.

The best performers of the session on the MICEX were Magnit (MCX:MGNT), which rose 5.40% or 353.0 points to trade at 6884.0 at the close. Meanwhile, VTB (MCX:VTBR) added 2.56% or 0.0013 points to end at 0.0534 and AFK Sistema (MCX:AFKS) was up 2.09% or 0.245 points to 11.975 in late trade.

The worst performers of the session were Moskovskaya Birzha OAO (MCX:MOEX), which fell 3.26% or 4.03 points to trade at 119.50 at the close. MVideo (MCX:MVID) declined 2.87% or 11.70 points to end at 396.30 and Inter rao ees (MCX:IRAO) was down 2.73% or 0.0990 points to 3.5235.

Rising stocks outnumbered declining ones on the Moscow Stock Exchange by 119 to 100 and 20 ended unchanged.

The Russian VIX, which measures the implied volatility of MICEX options, was down 0.33% to 17.890.

Gold Futures for December delivery was up 1.00% or 12.75 to $1290.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.38% or 1.31 to hit $56.45 a barrel, while the January Brent oil contract rose 2.05% or 1.26 to trade at $62.62 a barrel.

USD/RUB was down 0.82% to 59.1837, while EUR/RUB fell 0.61% to 69.8107.

The US Dollar Index Futures was down 0.29% at 93.57.

Italy stocks lower at close of trade; Investing.com Italy 40 down 0.53%

Investing.com – Italy stocks were lower after the close on Friday, as losses in the Chemicals, Telecoms and Travel&Leisure sectors led shares lower.

At the close in Milan, the Investing.com Italy 40 fell 0.53% to hit a new 1-month low.

The best performers of the session on the Investing.com Italy 40 were Exor NV (MI:EXOR), which rose 2.01% or 1.05 points to trade at 53.20 at the close. Meanwhile, FinecoBank Banca Fineco SpA (MI:FBK) added 1.60% or 0.12 points to end at 7.92 and Tenaris (MI:TENR) was up 1.42% or 0.17 points to 12.13 in late trade.

The worst performers of the session were Banca Mediolanum SpA (MI:BMED), which fell 1.98% or 0.145 points to trade at 7.175 at the close. Recordati (MI:RECI) declined 1.55% or 0.60 points to end at 38.04 and Telecom Italia (MI:TLIT) was down 1.52% or 0.0105 points to 0.6790.

Falling stocks outnumbered advancing ones on the Milan Stock Exchange by 194 to 159 and 20 ended unchanged.

Crude oil for December delivery was up 2.10% or 1.16 to $56.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.78% or 1.09 to hit $62.45 a barrel, while the December Gold Futures contract rose 0.87% or 11.12 to trade at $1289.32 a troy ounce.

EUR/USD was up 0.18% to 1.1791, while EUR/GBP unchanged 0.00% to 0.8922.

The US Dollar Index Futures was down 0.23% at 93.62.

Greece stocks higher at close of trade; Athens General Composite up 1.68%

Investing.com – Greece stocks were higher after the close on Friday, as gains in the Banking, Financials and Retail sectors led shares higher.

At the close in Athens, the Athens General Composite rose 1.68%.

The best performers of the session on the Athens General Composite were Centric Hold (AT:DESr), which rose 12.88% or 0.017 points to trade at 0.149 at the close. Meanwhile, National Bank of Greece (AT:NBGr) added 8.41% or 0.019 points to end at 0.245 and Eurobank Ergasias SA (AT:EURBr) was up 5.26% or 0.028 points to 0.560 in late trade.

The worst performers of the session were Flexopack SA (AT:FLXr), which fell 5.33% or 0.3200 points to trade at 5.7000 at the close. Athens Medical (AT:AMCr) declined 1.64% or 0.020 points to end at 1.200 and Profile Syst (AT:PRFr) was down 1.06% or 0.007 points to 0.653.

Rising stocks outnumbered declining ones on the Athens Stock Exchange by 75 to 29 and 8 ended unchanged.

Gold Futures for December delivery was up 0.76% or 9.69 to $1287.89 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.34% or 1.29 to hit $56.43 a barrel, while the January Brent oil contract rose 1.92% or 1.18 to trade at $62.54 a barrel.

EUR/USD was up 0.12% to 1.1784, while EUR/GBP fell 0.02% to 0.8920.

The US Dollar Index Futures was down 0.18% at 93.67.

Stocks- Wall Street Opens Lower As Tax Bill Moves Forward

Investing.com – Wall Street was lower on Friday as tech and financial stocks fell.

The S&P 500 fell three points or 0.13% as of 10:23 AM ET (3:23 PM GMT) while the Dow composite slumped 47 points or 0.20%. Tech heavy NASDAQ Composite inched down five points or 0.08%.

Shares of Bank of America (NYSE:BAC) slipped 1.03% while Apple (NASDAQ:AAPL) fell 0.43% and Amazon.com (NASDAQ:AMZN) was down 0.32%. Meanwhile Facebook (NASDAQ:FB) inched down 0.08% and Chinese e-commerce firm Alibaba (NYSE:BABA) decreased 0.29%.

Among the biggest gainers were Abercrombie & Fitch Company (NYSE:ANF), which jumped 26.92% and Gap Inc (NYSE:GPS) which surged 8.06% after both retailers reported higher than expected earnings results.

Meanwhile Twenty-First Century Fox Inc (NASDAQ:FOX) increased 5.05% after reports that Comcast (NASDAQ:CMCSA) and Verizon Communications Inc (NYSE:VZ) were considering acquiring a significant share of the firm’s assets.

Investors remain focused on the possible tax cut bill, which the House passed on Thursday. The Senate finance committee is set to vote on its own version of the bill on Friday.

In Europe markets were down. In Germany the DAX fell 20 points or 0.16% while France’s CAC 40 slipped 12 points or 0.23% and in London the FTSE 100 inched down four points or 0.06%. Spain’s IBEX 35 slumped 67 points or 0.67%. Meanwhile the pan-European Euro Stoxx 50 decreased 10 points or 0.29%.

In commodities, gold futures rose 0.55% to $1,285.20 a troy ounce while crude oil futures increased 1.72% to $56.09 a barrel. The U.S dollar index, which measures the greenback against a basket of six major currencies, fell 0.13% to 93.72. The dollar was weighed down by a Wall Street Journal report that investigators had subpoenaed President Trump's election campaign for documents related to possible Russian interference in the 2016 U.S. election.

USD/CAD Moves Higher After U.S., Canadian data

Investing.com - The U.S. dollar moved higher against its Canadian counterpart on Friday, helped by the release of upbeat U.S. housing sector data, while Canadian inflation figures for September were in line with market expectations.

USD/CAD was up 0.34% at 1.2800 by 09:30 a.m. ET (13:30 GMT), the highest since November 7.

Statistics Canada reported on Friday that consumer prices ticked up 0.1% in October, in line with expectations.

Year-over-year, consumer prices increased 1.4%, also as expected.

In the U.S., the Census Bureau reported on Friday that builing permits and housing starts both increased far more than expected last month.

But sentiment on the greenback remained fragile following reports that U.S. President Donald Trump's election campaign had been subpoenaed for documents in an ongoing investigation relating to possible Russian interference in the 2016 presidential election.

The Wall Street Journal reported on Thursday that Special Counsel Robert Mueller issued a subpoena to more than a dozen officials.

Robert Mueller is currently heading an investigation into attempts by the Russian government to meddle in the 2016 election and potential collusion with Donald Trump's presidential campaign.

Separately, the U.S. House of Representatives on Thursday approved a broad package of tax cuts, which will now be debated by the Senate.

Investors were still cautious however, as the Republican majority is smaller in the Senate and no decisive action is expected until after next week's Thanksgiving holiday.

The loonie was also lower against the euro, with EUR/CAD climbing 0.51% to 1.5090.

Dollar Remains Broadly Lower Despite Upbeat U.S. Data

Investing.com - The dollar remained broadly lower against other major currencies on Friday, as concerns over an investigation into Donald Trump's presidential campaign continued to weigh on the greenback despite the release of upbeat U.S. housing sector data.

The U.S. Census Bureau reported on Friday that builing permits and housing starts both increased far more than expected last month.

But sentiment on the greenback remained fragile following reports that U.S. President Donald Trump's election campaign had been subpoenaed for documents in an ongoing investigation relating to possible Russian interference in the 2016 presidential election.

The Wall Street Journal reported on Thursday that Special Counsel Robert Mueller issued a subpoena to more than a dozen officials.

Robert Mueller is currently heading an investigation into attempts by the Russian government to meddle in the 2016 election and potential collusion with Donald Trump's presidential campaign.

Separately, the U.S. House of Representatives on Thursday approved a broad package of tax cuts, which will now be debated by the Senate.

Investors were still cautious however, as the Republican majority is smaller in the Senate and no decisive action is expected until after next week's Thanksgiving holiday.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.10% at 93.75 by 08:35 a.m. ET (12:35 GMT), not far from Wednesday's three-week lows of 93.31.

EUR/USD was little changed at 1.1778, while GBP/USD held steady at 1.3187.

In a speech Friday morning, European Central Bank President Mario Draghi said the central bank needs to be "patient" when normalizing monetary policy.

Draghi also said that the ECB's bond purchasing program could continue beyond September 2018 "if necessary, and in any case until we see a sustained adjustment in the path of inflation."

The remarks came a day after official data showed that euro zone consumer prices rose at an annual rate of 1.4% in October, down from 1.5% in September and still below the ECB's target of close to 2%.

Elsewhere, USD/JPY slid 0.34% to trade at 112.66, while USD/CHF fell 0.15% to 0.9923.

The Australian and New Zealand dollars were weaker, with AUD/USD down 0.59% at 0.7543 and with NZD/USD retreating 0.86% to 0.6789.

Meanwhile, USD/CAD added 0.16% to 1.2777 after Statistics Canada said that consumer prices ticked up 0.1% in October, in line with expectations.

Year-over-year, consumer prices increased 1.4%, also as expected.

Canadian Inflation in Line with Expectations

Investing.com – Canadian inflation met expectations in October, according to official data released on Friday.

According to the report from Statistics Canada, consumer price index (CPI) for October increased 0.1% from the previous month, in line with expectations and after a 0.2% rise in September.

Year-on-year, CPI advanced 1.4% last month, also in line with expectations and compared to an increase of 1.6% in September.

Core inflation, which excludes food and energy, increased 0.3% in October, compared to the previous month’s reading of 0.2%.

Year-on-year, core CPI advanced 0.9% in October compared to a previous 0.8% increase.

After the report USD/CAD traded at 1.2769, compared to 1.2767 prior to the release.

U.S. Housing Starts Recover in October, Smashing Consensus

Investing.com – The number of housing starts and building permits surged in October, recovering from the prior month’s decline and bolstering optimism over the health of the U.S. housing sector, official data showed Friday.

In a report, the U.S. Commerce Department said that housing starts jumped by 13.7% from the month before to hit a seasonally adjusted 1.290 million units last month from September’s total of 1.135 million units, which was an upward revision from the initial 1.127 million.

Analysts had expected October’s number to rise by just 5.6% from the prior month’s initial reading to 1.185 million.

Meanwhile, the number of building permits issued increased by 5.9% to a seasonally adjusted 1.297 million units last month from 1.225 million the month before.

Economists had forecast permits to advance 2.0% to 1.247 million units in October

After the report, EUR/USD traded at 1.1779 compared to 1.1794 before the release, GBP/USD exchanged hands at 1.3186 compared to 1.3193 previously, while USD/JPY was at 112.69 from 112.63 earlier.

The US dollar index, which tracks the greenback against a basket of six major rivals, traded at 93.78, compared to 93.68 previously.

Meanwhile, U.S. stock futures pointed to a flat open with mixed signs. The blue-chip Dow futures lost 36 points, or 0.15%, the S&P 500 futures edged down 1 point, or 0.04%, while the tech-heavy Nasdaq 100 futures inched up 3 points, or 0.05%.

Elsewhere, in the commodities market, gold futures was at $1,283.33, compared to $1,282.70 ahead of the data, while crude oil traded at $55.98 a barrel from $56.05 earlier.

India stocks higher at close of trade; Nifty 50 up 0.67%

Investing.com – India stocks were higher after the close on Friday, as gains in the Real Estate, Metals and Consumer Durables sectors led shares higher.

At the close in NSE, the Nifty 50 added 0.67%, while the BSE Sensex 30 index climbed 0.71%.

The best performers of the session on the Nifty 50 were Cipla Ltd. (NS:CIPL), which rose 2.18% or 12.90 points to trade at 608.55 at the close. Meanwhile, Housing Development Finance Corporation Ltd (NS:HDFC) added 2.47% or 41.10 points to end at 1705.50 and Maruti Suzuki India Ltd. (NS:MRTI) was up 2.26% or 184.65 points to 8348.35 in late trade.

The worst performers of the session were Tech Mahindra Ltd (NS:TEML), which fell 3.07% or 15.35 points to trade at 484.55 at the close. Infosys Ltd (NS:INFY) declined 1.77% or 17.45 points to end at 970.95 and Bosch Ltd (NS:BOSH) was down 1.52% or 292.55 points to 18965.90.

The top performers on the BSE Sensex 30 were Cipla Ltd. (BO:CIPL) which rose 2.64% to 608.65, Housing Development Finance Corporation Ltd (BO:HDFC) which was up 2.23% to settle at 1701.00 and Maruti Suzuki India Ltd. (BO:MRTI) which gained 2.15% to close at 8340.70.

The worst performers were Infosys Ltd (BO:INFY) which was down 1.79% to 970.95 in late trade, Tata Consultancy Services Ltd. (BO:TCS) which lost 1.33% to settle at 2710.10 and Oil And Natural Gas Corporation Ltd (BO:ONGC) which was down 1.03% to 177.50 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 1017 to 580 and 3 ended unchanged; on the Bombay Stock Exchange, 1570 rose and 1117 declined, while 169 ended unchanged.

Shares in Maruti Suzuki India Ltd. (NS:MRTI) rose to all time highs; gaining 2.26% or 184.65 to 8348.35. Shares in Maruti Suzuki India Ltd. (BO:MRTI) rose to all time highs; up 2.15% or 175.20 to 8340.70.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 1.86% to 13.7125.

Gold Futures for December delivery was up 0.44% or 5.61 to $1283.81 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.34% or 0.74 to hit $55.88 a barrel, while the January Brent oil contract rose 0.88% or 0.54 to trade at $61.90 a barrel.

USD/INR was down 0.27% to 65.046, while EUR/INR fell 0.15% to 76.7418.

The US Dollar Index Futures was down 0.29% at 93.57.

Dollar Broadly Lower on Mueller Investigation, Tax Jitters

Investing.com - The dollar remained moderately lower against other major currencies on Friday, as ongoing uncertainty over the fate of a major U.S. tax reform plan and concerns over an investigation into Donald Trump's presidential campaign weighed.

The U.S. House of Representatives on Thursday approved a broad package of tax cuts, which will now be debated by the Senate.

Investors were still cautious however, as the Republican majority is smaller in the Senate and no decisive action is expected until after next week's Thanksgiving holiday.

The greenback also remained under pressure following reports that U.S. President Donald Trump's election campaign had been subpoenaed for documents in an ongoing investigation relating to possible Russian interference in the 2016 presidential election.

The Wall Street Journal reported on Thursday that Special Counsel Robert Mueller issued a subpoena to more than a dozen officials.

Robert Mueller is currently heading an investigation into attempts by the Russian government to meddle in the 2016 election and potential collusion with Donald Trump's presidential campaign.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.26% at 93.60 by 05:15 a.m. ET (09:15 GMT), not far from Wednesday's three-week lows of 93.31.

EUR/USD was up 0.21% to 1.1795, while GBP/USD gained 0.42% to trade at 1.3249.

In a speech Friday morning, European Central Bank President Mario Draghi said the central bank needs to be "patient" when normalizing monetary policy.

Draghi also said that the ECB's bond purchasing program could continue beyond September 2018 "if necessary, and in any case until we see a sustained adjustment in the path of inflation."

The remarks came a day after official data showed that euro zone consumer prices rose at an annual rate of 1.4% in October, down from 1.5% in September and still below the ECB's target of close to 2%.

Elsewhere, USD/JPY declined 0.44% to trade at 112.55, while USD/CHF slipped 0.26% to 0.9914.

The Australian and New Zealand dollars were weaker, with AUD/USD down 0.45% at 0.7554 and with NZD/USD retreating 0.79% to 0.6794.

Meanwhile, USD/CAD held steady at 1.2756 as markets were eyeing the release of Canadian inflation data.

Investors were also looking ahead to reports on U.S. building permits and housing starts set to be released later Friday.

Gold Prices Rise as U.S. Dollar Remains Under Pressure

Investing.com - Gold prices moved higher on Friday, as the U.S. dollar was weakened by new developments in a special investigation into Donald Trump's presidential campaign and amid ongoing uncertainty over the fate of a major U.S. tax overhaul.

Comex gold futures were up $3.74 or about 0.31% at $1,281.94 a troy ounce by 04:00 a.m. ET (08:00 GMT).

The U.S. House of Representatives on Thursday approved a broad package of tax cuts, which will now be debated by the Senate.

Investors were still cautious however, as the Republican majority is smaller in the Senate and no decisive action is expected until after next week's Thanksgiving holiday.

The greenback also remained under pressure following reports that U.S. President Donald Trump's election campaign had been subpoenaed for documents in an ongoing investigation relating to possible Russian interference in the 2016 presidential election.

The Wall Street Journal reported on Thursday that Special Counsel Robert Mueller issued a subpoena to more than a dozen officials.

Robert Mueller is currently heading an investigation into attempts by the Russian government to meddle in the 2016 election and potential collusion with Donald Trump's presidential campaign.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.18% at 93.67, not far from Wednesday's three-week lows of 93.31.

Gold is sensitive to moves in the dollar. A weaker dollar makes gold less expensive for holders of foreign currency.

Elsewhere on the Comex, silver futures were little changed at $17.06 a troy ounce.

Japan stocks higher at close of trade; Nikkei 225 up 0.27%

Investing.com – Japan stocks were higher after the close on Friday, as gains in the Pharmaceutical Industry, Communication and Manufacturing sectors led shares higher.

At the close in Tokyo, the Nikkei 225 added 0.27%.

The best performers of the session on the Nikkei 225 were Tokyo Dome Corp. (T:9681), which rose 6.09% or 63.0 points to trade at 1098.0 at the close. Meanwhile, DeNA Co Ltd (T:2432) added 5.18% or 138.0 points to end at 2801.0 and SUMCO Corp. (T:3436) was up 4.90% or 141.0 points to 3020.0 in late trade.

The worst performers of the session were Sumitomo Realty&Development Co. (T:8830), which fell 2.73% or 103.0 points to trade at 3674.0 at the close. Dentsu Inc. (T:4324) declined 2.46% or 120.0 points to end at 4755.0 and Kobe Steel, Ltd. (T:5406) was down 2.11% or 22.0 points to 1019.5.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1862 to 1428 and 191 ended unchanged.

Shares in SUMCO Corp. (T:3436) rose to 5-year highs; rising 4.90% or 141.0 to 3020.0.

The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was down 2.68% to 19.21.

Crude oil for December delivery was up 0.40% or 0.22 to $55.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.03% or 0.02 to hit $61.34 a barrel, while the December Gold Futures contract rose 0.31% or 3.93 to trade at $1282.13 a troy ounce.

USD/JPY was down 0.42% to 112.59, while EUR/JPY fell 0.23% to 132.76.

The US Dollar Index Futures was down 0.25% at 93.61.

Dollar Index Slides But Tax Vote Limits Losses

Investing.com - The U.S. dollar moved lower against other major currencies on Friday, but losses were expected to remain limited after an important U.S. tax reform bill was passed by the House of Representatives.

The U.S. House of Representatives on Thursday approved a broad package of tax cuts, which will now be debated by the Senate.

Investors were still cautious however, as the Republican majority is smaller in the Senate and no decisive action is expected until after next week's Thanksgiving holiday.

The greenback also remained under pressure following reports that U.S. President Donald Trump's election campaign had been subpoenaed for documents in an ongoing investigation relating to possible Russian interference in the 2016 presidential election.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.30% at 93.56 by 02:15 a.m. ET (06:15 GMT), off Wednesday's three-week low of 93.31.

EUR/USD gained 0.30% to 1.1802, while GBP/USD rose 0.32% to trade at 1.3236.

Elsewhere, USD/JPY declined 0.46% to trade at 112.54, while USD/CHF slipped 0.17% to 0.9923.

The Canadian dollar was higher, with USD/CAD down 0.13% to 1.2741 as markets were eyeing the release of Canadian inflation data due later in the day.

Asian Shares Mostly Gain As Nikkei 225 Edges Higher On Toyota News

Investing.com - Asian shares were mixed on Friday, but mostly higher on good cues from Wall Street.

Japan's Nikkei 225 rose 0.13%, while the S&P/ASX 200 gained 0.34%.

Toyota announced Friday that it expects to introduce an electric vehicle model in China in 2020. The company also said it intended to sell around 100,000 vehicles that use China-made hybrid units. Shares were little changed, trading 0.06% higher.

In Greater China, the Shanghai Composite fell 0.55% and the Heng Seng index rose 0.80%.

U.S. House Republicans on Thursday passed a bill to cut taxes on businesses and individuals, the biggest step yet in the GOP's effort to alter the country's tax system. The House plan cuts the corporate tax rate to 20 percent from 35 percent and lessens the number of personal tax brackets to four from seven.

Republicans are attempting to pass their tax reform plans by Christmas, but Senate Republicans, who have a less robust majority than in the House, will first have to pass their version of the bill and reported it out of a key committee late on Thursday.

Overnight, the Dow Jones industrial average gained 187.08 points to close at 23,458.36, with Wal-Mart (NYSE:WMT) and Cisco leading advancers on the 30-stock index. The index rose more than 200 points at session highs. The Nasdaq composite advanced 1.3% to 6,793.29, hitting intraday and closing records. Cisco's gains helped lift the index sharply higher.

Wal-Mart reported better-than-expected quarterly earnings and revenue, sending the stock 10.9% higher to an all-time high. Cisco also reported earnings and revenue that beat Wall Street expectations, lifted in part by strong sales of software applications. Cisco shares popped 5.2%.

Crude Oil Mixed In Asia As US Benchmark Gains Ahead Of Rig Count Data

Investing.com - Crude oil prices were narrowly mixed on Friday as investors looked ahead to weekly US rig count figures to set the tone.

On the New York Mercantile Exchange crude futures for December delivery rose 0.33% to $55.32 a barrel, while on London's Intercontinental Exchange, Brent lost 0.21% to $61.23 a barrel.

Overnight, crude oil prices settled lower on Thursday as investors fretted over a potential uptick in global supply amid reports that Turkey and Iraq discussed resuming exports from the Kirkuk-Ceyhan pipeline.

A discussion between Iraq and Turkey on resuming Kirkuk oil export from the Ceyhan pipeline sparked fears of oversupply as many said a possible uptick in exports would forced OPEC to rein in production.

“The priority is to resume oil exports from Kirkuk through the Iraqi-Turkish pipeline once it has been rehabilitated or replaced by a new one,” Iraq’s Oil Minister Jabbar al-Luaibi said.

That added to recent fears that rising U.S. production would dampened the impact of Opec’s production cuts, which so far are widely believed to be moving oil markets closer to rebalancing.

Preliminary U.S. production figures showed weekly output rose by 25,000 to an all-time high of 9.65 million barrels per day, as crude oil stockpiles rose for second week in arrow, the Energy Information Administration Energy Agency said.

Inventories of U.S. crude rose by roughly 1.9 million barrels for the week ended Nov. 11, missing expectations of a draw of 2.2 barrels.

Data pointing to rising U.S. output comes ahead of an OPEC meeting on Nov. 30 in Vienna, where it is expected the oil-cartel will extend its output-cut agreement beyond the March 2018 deadline.

In May, Opec producers agreed to extend production cuts for a period of nine months until March, but stuck to production cuts of 1.2 million bpd agreed in November last year.

Yen Rebounds Sparply As Investors Seek Safe-Haven On US Tax Policy Views

Investing.com - The yen rebounded sharply in Asia on Friday as investors switched to the safe-haven currency amid an uptick in risk sentiment over the potential impact of U.S. tax cuts as plans passed the House of Representatives and a key U.S. Senate committee.

USD/JPY changed hands at 112.57, down 0.43%, while AUD/USD traded up 0.04% to 0.7591. EUR/USD gained 0.30% to 1.1805 and GBP/USD also rose 0.30% to 1.3234.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, dipped 0.33% to 93.53.

Overnight, the dollar was roughly unchanged on Thursday shrugging off a duo of bearish reports on initial jobless claims and manufacturing ahead of a Republican House vote on a massive tax reform bill.

House Republicans passed a tax overhaul of U.S. tax laws on Thursday, according to various media reports. The vote comes a day after Sen. Ron Johnson of Wisconsin said he would oppose the bill, but a key committee in the Senate reported the version of tax cuts to the full Senate.

The dollar rebounded from lows, shaking off data pointing to weakness in manufacturing and the labor market.

The U.S. Department of Labor reported Thursday that initial jobless claims increased 10,000 a seasonally adjusted 249,000 for the week ended Nov. 11, missing forecasts of a 4,000 decrease.

Amherst, however, downplayed the unexpected rise in jobless claims, saying that it could reflect seasonal noise as readings from Veterans Day through Presidents Day has historically been noisier than usual due to holidays, weather, and turn-of-the-year churn in the labor market.

Philly Fed manufacturing index for November fell to 22.7 in November from 27.9 in October, undershooting economists’ forecasts for a reading of 25.

Sterling, meanwhile, added to gains against the dollar after data showed UK October retail sales growth topped expectations.

Peru stocks lower at close of trade; S&P Lima General down 0.21%

Investing.com – Peru stocks were lower after the close on Thursday, as losses in the S&P Lima Juniors, Electricity and Services sectors led shares lower.

At the close in Lima, the S&P Lima General lost 0.21% to hit a new 1-month low.

The best performers of the session on the S&P Lima General were Corporacion Aceros Arequipa SA (LM:ARE), which rose 2.47% or 0.020 points to trade at 0.830 at the close. Meanwhile, Ferreyros (LM:FER) added 1.65% or 0.040 points to end at 2.470 and Volcan Minera (LM:VOL_pb) was up 1.54% or 0.020 points to 1.320 in late trade.

The worst performers of the session were PPX Mining Corp (LM:PPX), which unchanged 5.80% or 0.00 points to trade at 0.07 at the close. Panoro (LM:PML) declined 3.23% or 0.010 points to end at 0.300 and Edegel (LM:EDE) was down 2.33% or 0.050 points to 2.100.

Falling stocks outnumbered advancing ones on the Lima Stock Exchange by 17 to 8 and 13 ended unchanged.

Crude oil for December delivery was down 0.23% or 0.13 to $55.20 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.79% or 0.49 to hit $61.38 a barrel, while the December Gold Futures contract rose 0.07% or 0.94 to trade at $1278.64 a troy ounce.

USD/PEN was down 0.02% to 3.2492, while EUR/PEN fell 0.11% to 3.8295.

The US Dollar Index Futures was up 0.12% at 93.83.

The Day Ahead: Top 3 Things to Watch

Investing.com – Here’s a preview of the top 3 things that could rock markets tomorrow

Canadian inflation in the spotlight

Canada will report inflation data on Friday, expected to show inflation has picked up pace in October, which could encourage the Bank of Canada to take a closer look at monetary policy tightening after Senior Deputy Governor Carolyn Wilkins said the central bank will stay cautious as it considers future interest rate hikes.

Economist expected Canadian consumer price inflation in October to jump to 0.3%, slightly above the 0.2% rise in the previous month.

The Canadian dollar has given back gains against the greenback in recent sessions as falling oil prices continued to weigh on the oil-sentiment loonie.

Ahead of the data, USD/CAD fell by 0.10% to C$1.2750.

Baker Hughes rig count

The weekly instalment of drilling activity from Baker Hughes on Friday, will provide investors with fresh insight into U.S. oil production and demand after data last week showed the number of oil rigs operating in the US rose by 9 to 738, the highest in almost a month.

The weekly rig count is an important barometer for the drilling industry and serves as a proxy for oil production and oil services demand.

Crude futures settled 19 cents lower at $55.14 a barrel on Thursday as investors fretted over a potential uptick in global supply amid reports that Turkey and Iraq discussed resuming exports from the Kirkuk-Ceyhan pipeline.

Bitcoin record highs coming soon

In what has been a tumultuous week in the cryptocurrency space, bitcoin is attempting to test its recent highs of $7895, just a few days after it fell to a two-week low below $5,500.

Investor sentiment on bitcoin has turned positive as fears that bitcoin cash could usurp bitcoin as the main cryptocurrency faded after the payments company Square said it was testing support for bitcoin to allow customers to buy and sell the digital currency through its payment app Cash.

Bitcoin rose 6.07% to $7,715.

Nasdaq Closes at Record High as Cisco Surges 5%

Investing.com – Wall Street closed sharply higher on Thursday, led by a surge in shares of Walmart after the retailer posted earnings that beat expectations while investors cheered signs of progress on tax reform after the House passed a tax bill.

The Dow Jones Industrial Average closed higher at 23,458.36. The S&P 500 closed 0.82% higher while the Nasdaq Composite closed at 6793.29, up 1.30%.

Risk-on sentiment returned following the recent sell-off as strong earnings by both cisco and Walmart offset mixed economic data to lift the broader indexes to session highs.

Shares of Walmart closed more than 10% higher as the retailer reported strong earnings and revenue that topped expectations with e-commerce sales rising 50% in the fiscal third quarter.

The U.S. Department of Labor reported Thursday that initial jobless claims increased 10,000 a seasonally adjusted 249,000 for the week ended Nov. 11, missing forecasts of a 4,000 decrease.

U.S. industrial output rose 0.9% in October as construction and utilities production continued to recovered following the impact of Hurricanes Harvey and Irma last month.

The Philly Fed manufacturing index for November fell to 22.7 in November from 27.9 in October, undershooting economists’ forecasts for a reading of 25.

On the political front, House Republicans moved closer to overhauling the American tax system after they passed a bill to cut taxes Thursday.

The tax reform plan passed the chamber with 227 votes in favour and 205 against. The victory for Republicans stoked expectations that a tax reform bill would be pushed through before year-end.

'Bulls and Bears' on Wall Street

The top Dow gainers for the session: Wal-Mart Stores Inc (NYSE:WMT) up 10.9%,Cisco Systems Inc (NASDAQ:CSCO) up 5.2% and DowDuPont Inc (NYSE:DWDP) up 5.5%

The Travelers Companies Inc (NYSE:TRV) down 2.2%, Exxon Mobil Corporation (NYSE:XOM) down 0.8% and Chevron Corporation (NYSE:CVX) down 1.5%, were among the worst Dow performers of the session.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.85%

Investing.com – U.S. stocks were higher after the close on Thursday, as gains in the Telecoms, Technology and Basic Materials sectors led shares higher.

At the close in NYSE, the Dow Jones Industrial Average added 0.85%, while the S&P 500 index climbed 0.89%, and the NASDAQ Composite index added 1.38%.

The best performers of the session on the Dow Jones Industrial Average were Wal-Mart Stores Inc (NYSE:WMT), which rose 10.15% or 9.12 points to trade at 98.95 at the close. Meanwhile, Cisco Systems Inc (NASDAQ:CSCO) added 5.88% or 2.00 points to end at 36.12 and DowDuPont Inc (NYSE:DWDP) was up 2.25% or 1.55 points to 70.53 in late trade.

The worst performers of the session were The Travelers Companies Inc (NYSE:TRV), which fell 1.61% or 2.15 points to trade at 131.56 at the close. Exxon Mobil Corporation (NYSE:XOM) declined 0.67% or 0.55 points to end at 80.67 and Chevron Corporation (NYSE:CVX) was down 0.49% or 0.57 points to 114.80.

The top performers on the S&P 500 were NetApp Inc (NASDAQ:NTAP) which rose 15.48% to 52.91, Wal-Mart Stores Inc (NYSE:WMT) which was up 10.15% to settle at 98.95 and JM Smucker Company (NYSE:SJM) which gained 9.61% to close at 116.75.

The worst performers were Best Buy Co Inc (NYSE:BBY) which was down 3.89% to 55.07 in late trade, Viacom B Inc (NASDAQ:VIAB) which lost 3.84% to settle at 23.66 and Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) which was down 1.75% to 54.105 at the close.

The top performers on the NASDAQ Composite were China Advanced Construction Materials (NASDAQ:CADC) which rose 202.27% to 6.650, OptimumBank Holdings Inc (NASDAQ:OPHC) which was up 155.12% to settle at 6.480 and Carver Bancorp Inc (NASDAQ:CARV) which gained 139.02% to close at 4.900.

The worst performers were Intec Pharma Ltd (NASDAQ:NTEC) which was down 23.83% to 5.675 in late trade, CHF Solutions Inc (NASDAQ:CHFS) which lost 21.21% to settle at 13.000 and Rand Logistics Inc (NASDAQ:RLOG) which was down 20.63% to 0.5318 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 2361 to 770 and 45 ended unchanged; on the Nasdaq Stock Exchange, 1968 rose and 558 declined, while 89 ended unchanged.

Shares in NetApp Inc (NASDAQ:NTAP) rose to 5-year highs; gaining 15.48% or 7.09 to 52.91. Shares in Wal-Mart Stores Inc (NYSE:WMT) rose to all time highs; up 10.15% or 9.12 to 98.95. Shares in Wal-Mart Stores Inc (NYSE:WMT) rose to all time highs; gaining 10.15% or 9.12 to 98.95. Shares in Cisco Systems Inc (NASDAQ:CSCO) rose to 5-year highs; gaining 5.88% or 2.00 to 36.12. Shares in China Advanced Construction Materials (NASDAQ:CADC) rose to 3-years highs; rising 202.27% or 4.450 to 6.650. Shares in OptimumBank Holdings Inc (NASDAQ:OPHC) rose to 52-week highs; up 155.12% or 3.940 to 6.480.

The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 10.21% to 11.79.

Gold Futures for December delivery was up 0.10% or 1.31 to $1279.01 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.34% or 0.19 to hit $55.14 a barrel, while the January Brent oil contract fell 0.76% or 0.47 to trade at $61.40 a barrel.

EUR/USD was down 0.23% to 1.1764, while USD/JPY rose 0.11% to 113.00.

The US Dollar Index Futures was up 0.15% at 93.86.

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