
US equities fell on Fri. The Dow Jones Industrial Average lost 229.88 pts or 0.69%, to close at 32,944.19. The Dow registered its fifth straight week of losses. On Fri, the S&P 500 index fell 1.30%. The Nasdaq Composite retreated 2.18%. The small cap Russell 2000 dropped 1.59%. For the week, the Dow lost 2%. Meanwhile, the S&P fell 2.9%, and the Nasdaq slid 3.5%.
Early trade in US equity index futures are pointing to a higher opening when Wall Street opens for regular trade later today (Mon). Futures on the Dow Jones Industrial Average gained 220 points. S&P 500 futures climbed 0.6% and Nasdaq 100 futures traded 0.7% higher.
The yield on the 10-year Treasury note was little changed at 1.9917% on Fri
The shares of former “work-from-home” darling DocuSign (DOCU US) sank 20.10% after issuing weak guidance for the first quarter and fiscal year.
Didi Global (DIDI US, -44.08%) shares plunged after Bloomberg reported that the Chinese ride-hailing leader was ceasing its preparations for a listing on the Hong Kong Stock Exchange.
The most actively traded US gold futures (Apr) contracts settled down $15.40, or 0.8%, at US$1,985.00/oz. May silver, which is the most actively traded silver futures, fell 9.6 cents, or 0.4%, to end at US$26.160/oz.
The ICE dollar index (DXY), which measures the strength of the greenback against a basket of currencies, rose 0.63% to 99.124.
The front-month Brent and WTI futures closed up $3.34 at US$112.67/bbl and $3.31 at US$109.33/bbl respectively.
European equity markets finished higher last Fri. The UK FTSE gained 0.80%, France's CAC 40 rose 0.85%, while the German DAX advanced 1.38%.