(Sharecast News) - US stocks edged higher early on Friday in what will be a shortened postThanksgiving session, with the tech-heavy Nasdaq leading gains despite disruption at the Chicago Mercantile Exchange.
As of 1500 GMT, the Dow Jones Industrial Average was up 0.27% at 47,556.33, while the S&P 500 advanced 0.22% to 6,827.68 and the Nasdaq Composite came out of the gate 0.30% firmer at 23,283.54.
The Dow opened 129.21 points higher on Friday, extending solid gains recorded in the previous session.
US stocks looked set to close November in the red as a pullback in AIlinked names has driven the declines, with investors reassessing the sector's future profitability. The slide has put the Dow and the S&P 500 on course to snap six consecutive months of gains, while the Nasdaq Composite was tracking towards its first monthly loss in seven months.
Despite the downturn, some market participants remain optimistic that the recent weakness could pave the way for a yearend rally, with investors eyeing opportunities to buy stocks that have been marked down to more attractive valuations.
Trading was briefly affected by a cooling issue at a CME data centre, which caused interruptions in some assets. Globex futures and options markets, FX platform EBS markets and BMD markets were all impacted by the outage.
No major corporate earnings or data points were slated for release on Friday.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Intel Corp. (INTC) $38.39 4.29%
Cisco Systems Inc. (CSCO) $76.10 0.09%
Dow Jones - Fallers
Amgen Inc. (AMGN) $343.58 -0.29%
S&P 500 - Risers
Intel Corp. (INTC) $38.39 4.29%
Micron Technology Inc. (MU) $235.59 2.31%
Paypal Holdings Inc (PYPL) $62.69 1.39%
Ipg Photonics Corp. (IPGP) $79.50 1.26%
Apache Corp. (APA) $24.95 1.13%
Meta Platforms Inc. (META) $640.26 1.05%
Amazon.Com Inc. (AMZN) $231.43 0.99%
Synopsys Inc. (SNPS) $413.11 0.84%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $539.21 0.76%
Advanced Micro Devices Inc. (AMD) $215.83 0.74%
S&P 500 - Fallers
Nvidia Corp. (NVDA) $177.90 -1.31%
Kraft Heinz Co. (KHC) $25.33 -1.04%
Idexx Laboratories Inc. (IDXX) $751.07 -0.65%
Incyte Corp. (INCY) $104.97 -0.64%
Tractor Supply Company (TSCO) $54.29 -0.63%
Ross Stores Inc. (ROST) $176.87 -0.46%
CSX Corp. (CSX) $35.15 -0.41%
Henry Schein Inc. (HSIC) $74.96 -0.39%
O'Reilly Automotive Inc. (ORLY) $101.17 -0.33%
Amgen Inc. (AMGN) $343.58 -0.29%
Nasdaq 100 - Risers
Intel Corp. (INTC) $38.39 4.29%
Qvc Group Inc Series A (QVCGA) $9.38 3.48%
Micron Technology Inc. (MU) $235.59 2.31%
Paypal Holdings Inc (PYPL) $62.69 1.39%
JD.com, Inc. (JD) $29.82 1.34%
Check Point Software Technologies Ltd. (CHKP) $186.60 1.23%
Meta Platforms Inc. (META) $640.26 1.05%
Baidu Inc. (BIDU) $117.51 1.01%
Amazon.Com Inc. (AMZN) $231.43 0.99%
Synopsys Inc. (SNPS) $413.11 0.84%
Nasdaq 100 - Fallers
Nvidia Corp. (NVDA) $177.90 -1.31%
Kraft Heinz Co. (KHC) $25.33 -1.04%
Idexx Laboratories Inc. (IDXX) $751.07 -0.65%
Incyte Corp. (INCY) $104.97 -0.64%
Ross Stores Inc. (ROST) $176.87 -0.46%
Liberty Global plc Series C (LBTYK) $11.34 -0.44%
CSX Corp. (CSX) $35.15 -0.41%
Asml Holdings N.V. (ASML) $1,036.79 -0.40%
Henry Schein Inc. (HSIC) $74.96 -0.39%
O'Reilly Automotive Inc. (ORLY) $101.17 -0.33%
26.58 (0.27%)
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