LONDON — Europe’s stock markets closed on the upswing on Friday, while the Nasdaq and Dow Jones Industrial Average also made gains in half-day trading, buoyed by Black Friday sales.The CAC 40 in Paris and the DAX in Frankfurt both rose 0.9 percent to 3,528.80 and to 7,309.13 respectively, while the FTSE 100 in London and the FTSE MIB in Milan both advanced 0.5 percent to 5,819.14, and to 15,635.89 respectively.
The Nasdaq climbed 1.4 percent to 2,966.85, while Dow Jones was also up 1.4 percent to 13,009.68, as shoppers took advantage of Black Friday sales - some of which started even earlier — on Thursday — this year.
The euro traded at $1.29, while the pound traded at $1.60.
In Europe, retail and luxury stocks made strong gains, despite news that a two-day meeting of European Union leaders in Brussels yielded no agreement on the 2014-20 budget.
Among the biggest winners were Tod’s, which advanced 1.1 percent to 90.85 euros; LVMH Moet Hennessy Louis Vuitton, which advanced 1.3 percent to 130.55 euros; and Metro, which was up 1.4 percent to 22.16 euros.
In the U.S. the big gainers included Macy’s Inc, which advanced 1.8 percent to $41.73; Nordstrom, Inc., which climbed 1.7 percent to $56.55; Wal-Mart Stores Inc., which was up 1.9 percent to $70.20; Dollar General Corporation, which climbed 2.9 percent to $49.41; and Aeropostale, Inc. which rose 3.8 percent to $14.45. Other stocks on the rise included Ralph Lauren Corporation, up 2.2 percent to $159.6.
My character, Dinah Madani, is just the coolest, [most] badass woman imaginable," says @amberroserevah. The actress stars in @marvel's newest series on @netflix, @thepunisher. To prepare for her role, Revah sat down with Homeland agents to get a real sense of with Dinah's day-to-day life is really like. Read our full interview on WWD.com. #wwdeye (📷: @jilliansollazzo)
A scene from the 91st annual @macys Thanksgiving Day Parade. The parade, which boasts 50 million TV viewers and 3.5 million on-site spectators, is considered one of the largest and most watched parades in the world. (📷: Jason Szenes/EPA-REX)
The circus came to @bloomingdales 59th Street on Tuesday night and lit up Lexington Avenue with acrobatic dancers, death-defying knife throwing, sword swallowing and aerial acts with no net. The 45 minutes of theatrics built up to unveiling the holiday windows depicting @swarovski crystal-encrusted circus pieces and scenes from “The Greatest Showman” – songs from the soundtrack included. See the rest of the photos on WWD.com #wwdfashion (📷: Joshua Scott)
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