US stock indices finished the trading session on Friday, November 11, 2022 higher, with continued optimism about the course of monetary policy in the US.
Financial markets expect the Federal Reserve to ease the pace of interest rate hikes at its next meeting in December, after signs that inflation has peaked.
US indices in the session of Friday 11 November 2022
The Dow Jones Industrial Average rose 0.1% or 32 points during trading on Friday to register 33,747 points for a weekly gain of about 4%.
The broader Standard & Poor’s 500 index also rose 0.9%, or the equivalent of 36 points, to 3992 points.
The Nasdaq index rose 1.9%, or the equivalent of 209 points, to record a level of 11323 points, posting a weekly gain of 8.1%.
The performance of US shares in the session on Friday 11 November 2022
Technology stocks saw a continuation of yesterday’s gains, as shares of ‘Apple’, ‘Amazon’ and ‘Tesla’ rose 1.9%, 4.3% and 2.7% respectively.
And US Treasury yields continued to decline, as the 10-year bond yield fell to 3.81% and the two-year debt yield fell to 4.33%.
European and Japanese stock exchanges in the session of Friday 11 November
As for the European markets, in the session on Friday 11 November 2022, the Stoxx 600 index rose by 0.09%, or the equivalent of 0.4 points, recording the level of 432 points, and the French index “CAC” rose by 0.6%, equal to 37 points, to the level of 6594. a point.
The German “DAX” index rose by 0.6%, or the equivalent of 78 points, to 14224 points, and the British “FTSE 100” index rose by 0.8%, or 57 points, to register 7318 points.
In Japan, the Nikkei index rose 3%, to 28,263 thousand points, and the broader Topix index rose 2.1%, to 1,977 points.
