US and European stock markets up as the week closes

CGTN

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U.S. stocks had a mixed day, but the SP 500 and Dow Jones Industrial Average hit new records, helping Wall Street wrap up the week in the green.

Walt Disney’s strong third-quarter profit led the way up for the Dow. But the market’s gains were tempered by a report that showed U.S. consumer sentiment fell to its lowest level in a decade. Investors also expressed concern over the energy sector, after a rally in oil related shares fizzled.

The Nasdaq lost some ground on Friday, dipping a bit into the red at the end of the trading day. Over in Europe, stocks also ended the week on a winning note. They ended Friday with a tenth consecutive positive trading session.

The Footsie in London, Germany’s Dax and CAC 40 in Paris all rising more than a quarter of a percent.

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