* Highly anticipated vaccine facing more scrutiny. * Treasury yields fall, point to lingering COVID-19 worries. * Bitcoin extends Thursday's big losses. * USD index closes at 2-1/2 year low. * U.S. markets on shortened hours after Thanksgiving holiday. * Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Rodrigo Campos.
The dollar index hit an almost
three-month low on Friday after strong economic data from China
pushed investors toward riskier currencies and equity markets
extended their rally.
* Black Friday kicks off in abbreviated session. * Disney (DIS) drops after layoffs announcement. * S&P, Dow, Nasdaq up for the week. * Indexes up: Dow 0.13%, S&P 0.24%, Nasdaq 0.92% By Stephen Culp.
By Stephen Culp. Wall Street stocks advanced and the Nasdaq closed at a record high on Friday in a holiday-shortened week, as retailers kicked off the year-end shopping season amid record COVID-19 hospitalizations. The Nasdaq outperformed as investors favored tech-related, market-leading stocks that have fared well during the pandemic, while economically sensitive cyclical stocks weighed.
News this month of three promising coronavirus vaccines has helped push the Dow Jones Industrial Average over 30,000, but some investors worry that slow vaccination rates may weaken next year's expected economic recovery.
* Highly anticipated vaccine facing more scrutiny. * Bitcoin extends Thursday's big losses. * USD index set to close at 2-1/2 year low. * U.S. markets on shortened hours after Thanksgiving holiday. * Graphic: 2020 asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. By Rodrigo Campos.
* Trump says will leave if Biden wins Electoral College vote. * Volatility dips to levels last seen in February. * U.S. stock market to close early; trading to remain thin. * Indexes up: Dow 0.19%, S&P 0.36%, Nasdaq 1.08% By Shivani Kumaresan and Sagarika Jaisinghani.
The dollar index fell on
Friday, hitting its lowest level in almost three months, after
strong economic data from China favored commodity currencies
over safe havens and equity markets continued ...
* Trump says will leave if Biden wins Electoral College vote. * Volatility dips to levels last seen in February. * U.S. stock market to close early; trading to remain thin. * Indexes up: Dow 0.44%, S&P 0.35%, Nasdaq 0.66% By Shivani Kumaresan.
Wall Street stocks advanced, with the Nasdaq closing at a record high, on Friday in a holiday-shortened week as retailers kicked off the year-end shopping season amid record COVID-19 hospitalizations. The Nasdaq outperformed as investors favored tech-related, market-leading stocks that have fared well during the pandemic, while economically sensitive cyclical stocks weighed.
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