US markets today: Wall Street edges higher on final trading day of November; CME outage halts futures briefly
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US markets today: Wall Street edges higher on final trading day of November; CME outage halts futures briefly

US stocks opened with modest gains on Friday as Wall Street wrapped up the last trading session of November on a shortened post-Thanksgiving schedule.The S&P 500 rose 0.2 per cent, the Dow Jones Industrial Average added 66 points, and the Nasdaq gained 0.4 per cent. Coinbase Global climbed 2.2 per cent as Bitcoin traded above $92,000. Large tech names advanced, with Alphabet up 1.8 per cent and Micron Technology rising 2.1 per cent, although Oracle slipped 3 per cent, AP reported.Trading closes early at 1 p.m. ET after Thursdayโ€™s holiday.Earlier in the day, futures trade was halted for hours due to a technical outage at a CyrusOne data centre affecting the Chicago Mercantile Exchange. After the issue was resolved, Dow, S&P 500 and Nasdaq futures resumed with 0.2โ€“0.3 per cent gains. CME said single-stock futures were not affected.Coinbase rose 2.7 per cent in premarket trade as Bitcoin held above $91,000, while Alphabet gained 1 per cent.The S&P 500 is attempting to avoid its first monthly decline since April, coming into Fridayโ€™s session down just 0.4 per cent for November after a four-day winning streak.European markets posted mild gains, with Germanyโ€™s DAX, Britainโ€™s FTSE 100 and Franceโ€™s CAC 40 all up 0.2 per cent. Traders awaited eurozone inflation numbers due later in the day.In Asia, Japanโ€™s Nikkei 225 closed 0.2 per cent higher after data showed a surprise rise in housing starts and steady core inflation in Tokyo. South Koreaโ€™s Kospi fell 1.5 per cent after a sharp drop in industrial output. Hong Kongโ€™s Hang Seng slipped 0.3 per cent, while Shanghaiโ€™s Composite edged up 0.3 per cent.Brent crude dipped to $62.70 a barrel, while US crude rose to $58.91.



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