- The major Wall Street indices are trading in positive territory on Friday.
- Tech stocks push higher after the opening bell.
- Investors await data from the University of Michigan Consumer Sentiment Index.
The main stock indices in the United States started the last day of the week in positive territory following the improvement in market sentiment. The CBOE Volatility Index, Wall Street’s scare gauge, was last seen dropping more than 4% on the day at 16.94.
At time of writing, the S&P 500 Index is up 0.2% to 4,656, the Dow Jones Industrial Average is up 0.27% to 36,015, and the Nasdaq Composite is up 0.5% to 15,704.
Among the 11 main sectors, the Communication Services and Technology indices rose 0.3% after the opening bell. On the other hand, the defensive Public Services index is losing 0.4%.
Later in the session, the University of Michigan will release preliminary Consumer Sentiment Index data for November.
S&P 500 chart (daily)
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.