Global investors on Friday digested new data, policy statements, and earnings reports. In Europe, the British FTSE edged down 0.16%, the German DAX edged down 0.05%, the French CAC rose 0.38%, and the broad STOXX 600 index eked up 0.07%. In the US, the Dow Jones Industrial Average (.DJI) rose 0.25%, the tech-heavy Nasdaq Composite (.IXIC) rose 0.33%, and the broad S&P 500 (.INX) index rose 0.19%. All three indices closed at record highs. The small cap Russell 2000 (.RUT) eked down 0.03%.
Among US stocks in the S&P 500, the biggest decliners were led by flooring firm Mohawk Industries (NYSE: MHK), which fell 10.98% on a mixed earnings report and weak guidance below analysts' expectations. The other biggest decliners were kidney healthcare firm (NYSE: DVA), down 9.52%, data storage firm Western Digital (NASDAQ: WDC), down 8.71%, coffee giant Starbucks (NASDAQ: SBUX), down 6.3%, and Eastman Chemical (NYSE: EMN), down 5.46%. The biggest gainers were led by diabetes management firm Dexcom (DXCM), which jumped 9.27% on an earnings beat, guidance raise, and analyst upgrades. The other biggest gainers were industrial supply firm WW Grainger (NYSE: GWW), up 7.51%, ecommerce firm eBay (NASDAQ: EBAY), up 5.95%, network infrastructure firm Verisign (NASDAQ: VRSN), up 5.68%, and consumer goods firm Newell Brands (NASDAQ: NWL), up 5.15%.
In the Nasdaq, telecom and mass media firm Charter Communications (NASDAQ: CHTR) fell 4.44%, while software firm Atlassian (NASDAQ: TEAM) jumped 9.78%. Among COVID stocks, biotech firm Gilead Sciences (NASDAQ: GILD) fell 3.65%, while biopharmaceutical firm AbbVie (NYSE: ABBV) climbed 4.56%. In fixed income markets, the yield on the 30-year US Treasury bond dipped 0.021%.
In commodities markets, as of press time, the price of international Brent crude oil edged up 0.07%, and US West Texas Intermediate (WTI) crude rose 0.65%. The price of gold futures dipped 1.04%, silver dipped 0.68%, platinum dipped 0.33%, palladium rose 0.58%, and copper fell 1.45%. Sugar futures fell 1.78%, while coffee futures rose 1.53% and cotton futures rose 1.24%. Lean hogs futures rose 1.06%, while feed cattle futures slipped 1.02%. In crypto asset markets, the price of Bitcoin (BTC) rose 1%, Ether (ETH) jumped 3.3%, Binance Coin (BNB) rose 8.05%, Cardano (ADA) dipped 0.45%, and Solana (SOL) rose 2%.