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Asia Mixed, Europe Markets Slide, Gold Dips 1.1% - Global Markets Today While US Slept
On Friday, May 10th, U.S. stock markets closed mixed, with the S&P 500 and the Dow edging up slightly, while the Nasdaq remained nearly unchanged. Investors reacted to comments from Federal Reserve officials and awaited key inflation data.
Economic data revealed a drop in the University of Michigan consumer sentiment to 67.4 in May from 77.2 last month, against an expected 76.
Among the 11 key sectors in the S&P 500, consumer staples saw the biggest percentage increases, whereas consumer discretionary stocks trailed behind.
The Dow Jones Industrial Average was up 0.32% and closed at 39,512.84. The S&P 500 was up 0.16%, ending the day at 5,222.68, while ...