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Nasdaq rises 1.09% as Wall Street ends mixed

Nasdaq rises 1.09% as Wall Street ends mixed

Wall Street ended Friday with mixed results after sharp losses the previous day.

The Nasdaq rose 1.09% and the S&P 500 gained 0.31%, while the Dow Jones fell 0.46%.

Investors made bargain purchases, but concerns remained about a possible slowdown in data-center construction.

Labor-market figures raised the possibility of higher Federal Reserve interest rates, which can affect borrowing costs and investment.

Mexican stock indexes rose, while major European markets mostly fell.

Oil prices diverged: US benchmark WTI gained 0.34%, while Brent crude slipped 0.33%; no further market developments were specified.

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The main indexes tried to recover ground after yesterday’s declines, following the results of this week’s midterm elections in Congress, while concerns persisted about a possible slowdown in data-centre construction
via El Financiero