By Staff Reporters
U.S. equities ended the day mixed, but the holiday-shortened week higher. Trading was subdued in today’s abbreviated session, and a dormant economic calendar was unable to provide any sway. Equity news was also in short supply, but shares of Activision Blizzard fell in the wake of a report that mentioned Microsoft’s $69 billion bid to acquire the video game maker could face some legal scrutiny from regulators.
Meanwhile, the retail sector was in focus, as any data on how this year’s Black Friday is shaping up was of heightened interest.
Treasury yields diverged, and the U.S. dollar nudged lower, while crude oil prices declined, and gold traded higher.
Asian and European stocks were mixed, as international markets continued to grapple with recent inflation data and its potential impact on monetary policy decisions.
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