The S&P 500 and Dow Jones achieved record closing highs on a shortened Black Friday trading session, fueled by tech stocks such as Nvidia. The Australian market is poised for a positive start, with expected gains of 0.3 per cent. Adobe Analytics predicts a record $10.8 billion in online spending, marking a 9.9 per cent increase from last year's Black Friday.
The S&P 500 and Dow Jones achieved record closing highs on a shortened Black Friday trading session, fueled by strong performance in tech stocks like Nvidia. The Australian market is also expected to open positively, pointing to a gain of 0.3 per cent. Adobe Analytics estimated a record $US10.8 billion in online spending on Black Friday , marking a 9.9 per cent increase from the previous year. The Nasdaq, S&P 500 , and Dow showed gains of 0.83 per cent, 0.56 per cent, and 0.
42 per cent respectively, while chip stocks and the Philadelphia SE Semiconductor index also saw positive movements. Despite earlier concerns over interest rates following strong inflation data, the market remained stable
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