NEW YORK, New York – The Dow Jones slumped on Friday while technology stocks moved higher. The U.S. dollar was mixed as hostilities in the Middle East escalated with Israel launching heightened aerial bombings, and expanded ground operations. All eyes on financial markets however were on the bond markets with 10-year Treasury yields continuing to hover around 5 percent.

“I think it’s tremendously dangerous at this point,” the chief investment officer of Livermore Partners hedge fund said David Neuhauser told CNBC’s Squawk Box Europe Friday.

“We’re in this world of risk where, for almost 15 years, you had a bond market that was in a bull market, and you had rates negative for several years.”

“That dynamic fed throughout the global economy, where housing prices were affordable, autos were affordable, and people were subjected to an environment and a lifestyle which had much lower interest rates,” Neuhauser said.

Friday’s stock market closure painted a picture of divergence in the performances of major indices. While the S&P 500 and the Dow Jones saw declines, the NASDAQ Composite demonstrated a positive trajectory. Meanwhile, the Canadian market experienced a downturn in its main composite index, mirroring the mixed sentiments prevailing in the financial markets.

S&P 500 (^GSPC): The Standard and Poor’s 500 index experienced a modest decline, closing at 4,117.37. It faced a decrease of 19.86 points, marking a reduction of 0.48 percent from the day’s opening. Trading volume stood at 2.767 billion.

Dow Jones Industrial Average (^DJI): The Dow Jones Industrial Average witnessed a notable decrease, closing at 32,417.59. It faced a substantial loss of 366.71 points Friday, equivalent to a decline of 1.12 percent. The total trading volume reached 371.699 million.

NASDAQ Composite (^IXIC): Conversely, the NASDAQ Composite index displayed a positive movement, closing at 12,643.01. It saw an increase of 47.41 points, indicating a rise of 0.38 percent. The trading volume for NASDAQ was 3.505 billion.

Global Forex Market: Currency Pairs Witness Mixed Movements on Friday

The world foreign exchange market experienced a day of mixed movement on Friday, with major currency pairs displaying fluctuations in their values. The euro, Japanese yen and Australian dollar made gains, while the Swiss franc, British pound, Cnadain and New Zealand dollars lost ground.

EUR/USD (Euro/US Dollar): The euro gained marginally against the U.S. Dollar, as the EUR/USD pair saw an increase of 0.0006, marking a rise of 0.06 percent. The exchange rate settled in late trading at 1.0568.

USD/JPY (US Dollar/Japanese Yen): The Japanese yen advanced, pushing the dollar down 0.54 percent or 149.55.

USD/CAD (US Dollar/Canadian Dollar): The Canadian Dollar, with the USD/CAD dropped by 0.0039, representing a loss of 0.29 percent Friday. The exchange rate was at 1.3870 approaching th close of U.S. trading.

GBP/USD (British Pound/US Dollar): The British pound faced a slight decline falling by 0.0010, indicating a decrease of 0.09 percent. The exchange rate reached 1.2116.

USD/CHF (US Dollar/Swiss Franc): The Swiss Franc fell 0.32 percent to 0.9016.

AUD/USD (Australian Dollar/US Dollar): The Australian Dollar gained ground against the U.S. Dollar, as the AUD/USD pair climbed by 0.0013, representing a rise of 0.21 percent. The exchange rate was last quoted at 0.6335.

NZD/USD (New Zealand Dollar/US Dollar): On the other hand, the New Zealand Dollar depreciated against the ollar, as the NZD/USD pair dropped by 0.00107, indicating a decrease of 0.18 percent. The exchange rate settled at 0.5809.

These fluctuations in the foreign exchange market reflect the dynamic nature of global economies and the intricate relationships between major currencies. The varied movements witnessed across the major currency pairs highlighted the diverse forces influencing the forex market on Friday.

Global Stock Markets Experience Mixed Movements on Friday with European shares diving while Stocks in Asia Rise

In the ever-fluctuating world of global stock markets, Friday proved to be a mixed bag for investors as major indices experienced both gains and losses.

CANADA

S&P/TSX Composite index (^GSPTSE): The S&P/TSX Composite index in Canada faced a decrease, closing at 18,737.39. It incurred a loss of 137.92 points, marking a decline of 0.73 percent. The total trading volume amounted to 169.512 million.

UNITED KINGDOM

FTSE 100 (London): The FTSE 100 opened the day at 7,291.28 and faced a setback of 63.29 points, equivalent to a decrease of -0.86 percent. This dip did not go unnoticed by London investors.

EUROPE

DAX PERFORMANCE-INDEX (Frankfurt): Across the English Channel on Friday, Frankfurt’s DAX PERFORMANCE-INDEX saw a modest decline of -0.30 percent as it dropped 43.64 points from its initial 14,687.41.

CAC 40 (Paris): Investors in Paris witnessed the CAC 40 index slipping by 1.36 percent, losing 93.58 points as it closed at 6,795.38.

ESTX 50 PR.EUR (Eurozone): The Eurozone’s ESTX 50 PR.EUR index experienced a decline of -0.87 percent, dropping by 35.04 points to close at 4,014.36.

Euronext 100 Index (Euronext): Euronext 100 Index had a similar fate, losing -0.88 percent or 11.29 points, closing at 1,270.18.

BEL 20 (Brussels): The BEL 20 index in Brussels on Friday faced a marginal loss of -0.27 percent, dropping by 9.06 points to close at 3,290.68.

RUSSIA

MOEX Russia Index (Moscow): On the Moscow Exchange, the MOEX Russia Index experienced a minor decrease of -0.19 percent, falling by 4.14 points to close at 2,222.51.

ASIA

Nikkei 225 (Tokyo): Contrary to the European trend, Tokyo’s Nikkei 225 index rallied impressively, gaining 389.91 points or +1.27 percent to reach 30,991.69.

HANG SENG INDEX (Hong Kong): In Hong Kong, the HANG SENG INDEX demonstrated a remarkable rise, surging by +2.08 percent with an increase of 354.12 points, reaching 17,398.73.

SSE Composite Index (Shanghai): Shanghai’s SSE Composite Index also made a positive impression Friday, showing a growth of +0.99 percent as it increased by 29.48 points, closing at 3,017.78.

Shenzhen Index (Shenzhen): Shenzhen Index saw an impressive gain of +2.14 percent or 204.74 points, closing the day at 9,770.84.

STI Index (Singapore): Singapore’s STI Index fell slightly by -0.31 percent or 9.46 points, ending the day at 3,061.85.

TSEC weighted index (Taipei): Taipei’s TSEC weighted index performed well, rising by +0.38 percent or 60.87 points to reach 16,134.61.

S&P BSE SENSEX (Mumbai): The S&P BSE SENSEX in Mumbai exhibited a noteworthy rise, gaining +1.01 percent or 634.65 points to reach 63,782.80.

NIFTY 50 (Mumbai): Mumbai’s NIFTY 50 index surged by +1.01 percent Friday, adding 190.00 points to reach 19,047.25.

IDX COMPOSITE (Jakarta): Jakarta’s IDX COMPOSITE index showed a positive trend, increasing by +0.66 percent or 44.27 points to close at 6,758.79.

FTSE Bursa Malaysia KLCI (Kuala Lumpur): Kuala Lumpur’s FTSE Bursa Malaysia KLCI experienced a slight uptick of +0.09 percent or 1.30 points, closing at 1,441.90.

KOSPI Composite Index (Seoul): The KOSPI Composite Index in Seoul showed a minimal increase of +0.16 percent, gaining 3.73 points, closing at 2,302.81.

OCEANIA

S&P/ASX 200 (Sydney): Sydney’s S&P/ASX 200 rose modestly by +0.21 percent or 14.60 points Friday, settling at 6,826.90.

ALL ORDINARIES (Australia): The ALL ORDINARIES in Australia moved up by +0.19 percent, gaining 13.10 points to close at 7,014.20.

S&P/NZX 50 INDEX GROSS (Auckland): Auckland’s S&P/NZX 50 INDEX GROSS witnessed a decrease of -0.75 percent, losing 81.72 points to reach 10,766.82.

AFRICA

Top 40 USD Net TRI Index (Johannesburg): Johannesburg’s Top 40 USD Net TRI Index showed a slight increase of +0.09 percent, adding 3.33 points to close at 3,646.51.

MIDDLE EAST

TA-125 (Tel Aviv): Tel Aviv’s TA-125 index faced a decrease of -1.19 percent Friday, losing 19.33 points to close at 1,608.42 as airstrikes in Gaza intensified and a second ground invasion began.

EGX 30 Price Return Index (Cairo): The EGX 30 Price Return Index in Cairo exhibited a positive trend, increasing by +0.56 percent or 130.30 points, closing at 23,262.30.

Overall, Friday’s trading on the global stock markets resulted in diverse outcomes, reflecting the varying economic conditions and investor sentiments worldwide.