NEW YORK, New York – U.S. stocks drifted higher on Friday but gains were limited, despite an easing in Treasury yields.

“This is just a little bit of a dead cat bounce,”Kenny Polcari, Chief market strategist at Slatestone Wealth, Jupiter, Florida who pointed to “three to four days of real pressure on the market because of the China news on Apple and because of the spike in oil prices,” told Reuters newsagency on Friday.

“Oil caused nervousness in the market that inflation is not under control and in technology the Apple news gave investors opportunities to take profits from outperformers,” Polcari added.

Here are the closing quotes for the major stock indices in the U.S. on Friday:

S&P 500 (^GSPC):

• Closing Value: 4,457.49
• Change: +6.35 points, +0.14 percent

The S&P 500 index closed at 4,457.49, marking a modest gain of 6.35 points or 0.14 percent.

Dow Jones Industrial Average (^DJI):

• Closing Value: 34,576.59
• Change: +75.86 points, +0.22 percent

The Dow Jones Industrial Average concluded the day at 34,576.59, recording an increase of 75.86 points or 0.22 percent.

NASDAQ Composite (^IXIC):

• Closing Value: 13,761.53
• Change: +12.69 points, +0.09 percent

The NASDAQ Composite index closed at 13,761.53, showing a slight gain of 12.69 points or 0.09 percent.

Trading volumes were substantial, with 2.053 billion shares traded on the S&P 500, 291.752 million shares on the Dow Jones Industrial Average, and 3.766 billion shares on the NASDAQ Composite.

U.S. Dollar Ends Week with Strong Gains

The global foreign exchange markets on Friday saw the U.S. dollar holding on to, and consolidating recent gains.

EUR/USD (Euro / US Dollar):

• Exchange Rate: 1.06982
• Change: +0.02 percent, +0.00025

The Euro made a slight gain against the US Dollar, with the EUR/USD pair closing at 1.06982, marking a minute increase of 0.02 percent or 0.00025 points.

USD/JPY (US Dollar / Japanese Yen):

• Exchange Rate: 147.846
• Change: +0.38 percent, +0.560

The US Dollar strengthened against the Japanese Yen on Friday, as the USD/JPY pair reached 147.846, marking a gain of 0.38 percent or 0.560 points.

USD/CAD (US Dollar / Canadian Dollar):

• Exchange Rate: 1.36458
• Change: -0.28 percent, -0.00384

The US Dollar weakened against the Canadian Dollar, with the USD/CAD pair closing at 1.36458, reflecting a decrease of 0.28 percent or 0.00384 points.

GBP/USD (British Pound / US Dollar):

• Exchange Rate: 1.24529
• Change: -0.15 percent, -0.00191

The British Pound lost ground against the US Dollar, as the GBP/USD pair settled at 1.24529, marking a decline of 0.15 percent or 0.00191 points.

USD/CHF (US Dollar / Swiss Franc):

• Exchange Rate: 0.89321
• Change: +0.06 percent, +0.00057

The US Dollar slightly appreciated against the Swiss Franc Friday, with the USD/CHF pair closing at 0.89321, recording a modest gain of 0.06 percent or 0.00057 points.

AUD/USD (Australian Dollar / US Dollar):

• Exchange Rate: 0.63730
• Change: -0.04 percent, -0.00023

The Australian Dollar experienced a minor drop against the US Dollar, as the AUD/USD pair concluded at 0.63730, showing a decrease of 0.04 percent or 0.00023 points.

NZD/USD (New Zealand Dollar / US Dollar):

• Exchange Rate: 0.58827
• Change: +0.14 percent, +0.00082

The New Zealand Dollar gained ground against the US Dollar, with the NZD/USD pair closing at 0.58827, reflecting an increase of 0.14 percent or 0.00082 points.

These closing foreign exchange rates depict a dollar-positive trent in the global currency markets on Friday. Currency traders and analysts will be closely watching economic developments and geopolitical events over the weekend, as they evaluate potential impacts on currency values in the week ahead.

Global Stock Markets End Week with Gains in Europe and Losses in Asia

In a diverse array of global stock markets, the closing figures for Friday painted a mixed picture, with some indices experiencing modest gains and others enduring slight losses.

CANADA

S&P/TSX Composite index (^GSPTSE):

• Closing Value: 20,074.65
• Change: -57.43 points, -0.29 percent

The S&P/TSX Composite index in Canada concluded at 20,074.65, marking a decrease of 57.43 points or 0.29 percent. 161.613 million shares were traded.

UNITED KINGDOM

THE FTSE 100 (^FTSE) in the United Kingdom concluded the week at 7,478.19, marking a +36.47 point increase or 0.49 percent rise.

EUROPE

Meanwhile, the ESTX 50 PR.EUR (^STOXX50E) in Europe edged up by +16.17 points or 0.38 percent, closing at 4,237.19.

The Euronext 100 Index (^N100) added +4.85 points or 0.36 percent, concluding at 1,340.38.

In Germany, the DAX PERFORMANCE-INDEX (^GDAXI) settled at 15,740.30, recording a rise of +21.64 points or 0.14 percent.

France’s CAC 40 (^FCHI) also saw an uptick Friday, closing at 7,240.77 after gaining +44.67 points or 0.62 percent.

Belgium’s BEL 20 (^BFX) closed at 3,655.70, after rising +10.23 points or 0.28 percent.

RUSSIA

In Russia, the MOEX Russia Index (IMOEX.ME) reported a minor loss of -4.14 points or -0.19 percent, settling at 2,222.51.

ASIA

However, the story was different in Japan, where the Nikkei 225 (^N225) experienced a decline of -384.24 points, representing a -1.16 percent drop, concluding at 32,606.84.

Hong Kong’s HANG SENG INDEX (^HSI) remained stagnant at 18,202.07, exhibiting no change.

In China, the SSE Composite Index (000001.SS) stood at 3,116.72 Friday, marking a loss of -5.63 points or -0.18 percent.

Likewise, the Shenzhen Index (399001.SZ) recorded a decrease of -39.56 points or -0.38 percent, settling at 10,281.88.

Singapore’s STI Index (^STI) concluded at 3,207.75, down -18.84 points or -0.58 percent.

India’s S&P BSE SENSEX (^BSESN) experienced a positive day, rising by +333.34 points or 0.50 percent to close at 66,598.91.

Also in India, the NIFTY 50 (^NSEI) climbed +92.90 points or 0.47 percent, reaching 19,819.95 at the close.

Indonesia’s IDX COMPOSITE (^JKSE) slipped by -30.03 points or -0.43 percent, finishing at 6,924.78.

The FTSE Bursa Malaysia KLCI (^KLSE) recorded a slight decline Friday of -5.12 points or -0.35 percent, closing at 1,454.95.

South Korea’s KOSPI Composite Index (^KS11) experienced minimal change, losing just -0.58 points or -0.02 percent, closing at 2,547.68.

Taiwan’s TSEC weighted index (^TWII) reported a minor decrease of -43.12 points or -0.26 percent, concluding at 16,576.02.

OCEANIA

Australia’s S&P/ASX 200 (^AXJO) ended the week with a -14.30 point drop, closing at 7,156.70, down -0.20 percent.

Australia’s ALL ORDINARIES (^AORD) dipped by -16.80 points or -0.23 percent, closing at 7,358.10.

In New Zealand, the S&P/NZX 50 INDEX GROSS (^NZ50) ended Friday at 11,344.11, down -82.73 points or -0.72 percent.

AFRICA

In South Africa, the Top 40 USD Net TRI Index (^JN0U.JO) managed to rise by +41.75 points or 1.10 percent, finishing at 3,831.69.

MIDDLE EAST

In Israel, the TA-125 (^TA125.TA) index dropped -12.91 points or -0.69 percent, settling at 1,853.33.

Egypt’s EGX 30 Price Return Index (^CASE30) displayed strength on Friday, gaining +151.20 points or 0.79 percent, closing at 19,375.70 with a trading volume of 126.024 million shares.

These closing figures offer a snapshot of the global stock markets’ performance on Friday, leaving investors and analysts to assess the implications for the week ahead.