Major U.S. stock-indexes was little changed on Friday, a shortened trading day, as investors turn their focus to the crucial U.S. holiday shopping season and Disney weighed on indexes. The shopping season spanning November and December is crucial for many retailers because the two months can account for anywhere between 20 percent and 40 percent of annual sales. The National Retail Federation is expecting holiday sales to rise 3.7 percent, slower than last year's 4.1 percent increase.
Crude oil futures were lower on Friday, bringing losses this month to over 8 percent as disappointing Chinese data and worries over a supply glut overshadowed geopolitical concerns.
Dow stocks mixed (15 vs 15). Top looser - The Walt Disney Company (DIS, -3.88%). Top gainer - UnitedHealth Group Incorporated (UNH. 0.87%).
S&P index sectors also mixed. Top looser - Basic materials (-1.2%). Top gainer - Conglomerates ( 0,8%).
At the moment:
Dow 17783.00 -19.00 -0.11%
S&P 500 2088.75 0.75 0.04%
Nasdaq 100 4680.00 2.75 0.06%
Oil 42.04 -1.00 -2.32%
Gold 1057.00 -12.70 -1.19%
U.S. 10yr 2.22 -0.02