The measure of business activity rose in America to a 31-month high in November, supported by hopes of lower interest rates and more pro-business policies under President-elect Donald Trump next year.
Stock movements
During the past week, the three American indices recorded a weekly rise, as the index rose “Dow Jones“The industrial sector rose by 1.96 percent, reaching the level of 44,296.51 points.
The index also roseStandard & Poor’s 500“by about 1.7 percent, reaching the level of 5,969.34 points.
“Indicator rose”Nasdaq“The complex increased by about 1.7 percent as well, reaching the level of 19,003.65 points.
During Friday’s trading, Alphabet’s shares fell after falling four percent on Thursday, as the US Department of Justice said before a judge that the company had a monopoly on online search.
The company’s stock also fell NVIDIA Leading in the field artificial intelligence Amid volatile trading after it announced its quarterly forecasts on Wednesday.