(MENAFN- ProactiveInvestors)
U.S. equities gained on Friday albeit in very light trading with many investors on holidays.
The Dow Jones added 0.1% to 18054 while the S&P 500 gained 0.3% to 2088.77 - its 52nd record high of 2014.
The NASDAQ hit a 14-year high and climbed 0.7% to 4807.
Commodities
Silver for March delivery was one of the best performers and rallied 2.8% to US$16.147 an ounce.
Gold for February delivery climbed 1.9% to settle at US$1195.30 an ounce.
On the New York Mercantile Exchange PGM's were also firmer.
Platinum for April delivery added 2.3% to US$1219.90 an ounce which was the metals best day since December 1. Palladium for March advanced 1.3% to US$818.60 an ounce.
Crude oil in London and New York resumed its slide on Friday delivering a fifth week of losses.
February Brent lost 1.3% to US$59.45 a barrel on the London-based ICE Futures Europe exchange. Trading was light following the Christmas holiday.
February West Texas Intermediate sank 2% to US$54.73 on the New York Mercantile Exchange.
Proactive Investors Australia is the market leader in producing news articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia UK North America and Hong Kong / China.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.