Wall Street closes unevenly in a shorter session with few movements

The NYSE ended uneven this Friday, a shorter day after the holiday of Thanksgiving on Thursday, with little movement ahead of the weekend marked by Black Friday sales.

The Dow Jones gained 0.45%, while the Nasdaq technology lost 0.52% and the S&P 500 closed flat (-0.03%).

It was a very quiet day today” Friday, summed up Nick Reece, from Merk Investments.

The exchanges lasted three hours less than normal. And in the absence of investors, the New York market did not have any important economic news to act as a catalyst either.

While next week is announced to be lively, with the publication of the PCE index of inflation and the ISM and PMI indices of industrial activity on Thursday, in addition to the monthly employment report next Friday.

The Dow Jones managed to close positive this Friday thanks to some defensive values, that is, considered less dependent on the economic situation.

Companies like UnitedHealth (+1.49%), Merck (+0.64%), Honeywell (+0.52%) or 3M (+0.81%) were highly sought after on the day.

In the middle of Black Friday, the day of purchase offers par excellence in the United States, the shares of the retail giant Walmart gained 0.43%, up to $153.07 per share.

Some Chinese firms on Wall Street were hit by the worsening of the pandemic in the Asian giant, in particular online trading giants such as Ali Baba (-3.82%) y JD.com (-5.32%), and even the manufacturer of electric vehicles XPeng (-3.28%).

While the titles of the Manchester United (+12.82% at $21.21) continued to benefit from Tuesday’s announcement by the Glazer family, which owns the British soccer club, that they are considering selling it.