Source: Sharecast
As of 1700 GMT, the Dow Jones Industrial Average was up 1.76% at 43,087.27, while the S&P 500 advanced 1.69% to 5,966.01 and the Nasdaq Composite came out the gate 1.71% firmer at 19,704.85.
The Dow opened 745.03 points higher on Thursday, building on modest gains recorded in the previous session.
Friday's primary focus was set to be November's personal consumption expenditures index, which revealed Americans continued to spend at a steady clip last month, while prices rose slightly less than anticipated. According to the Department of Commerce, in seasonally adjusted terms, personal incomes rose at a month-on-month clip of 0.3% during November, while personal spending increased by 0.4%. On the inflation front, the annual rate of increase in the price deflator for personal consumption expenditures ticked higher from 2.3% to 2.4%. Core PCE prices meanwhile were steady at 2.8% year-on-year (consensus: 2.9%).
Elsewhere on the macro front, Consumer confidence in the US rose modestly, although inflation expectations were mixed, the results of a closely followed survey revealed. A final reading on the University of Michigan's consumer confidence index for the month of December came in at 74.0, which was up from 71.8 one month before - in line with a preliminary reading and consensus forecasts.
Also drawing some investor attention, the yield on the benchmark 10-year Treasury note was almost nine basis points lower at 4.489% at the open after breaking above the 4.5% barrier earlier in the week, while Bitcoin lost 1.86% early on Friday to drop below $97,000.
No major corporate earnings were slated for release on Friday.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Intel Corp. (INTC) $19.67 3.23%
Goldman Sachs Group Inc. (GS) $570.73 3.02%
American Express Co. (AXP) $301.73 2.95%
Caterpillar Inc. (CAT) $370.67 2.86%
Dow Chemical Co. (DOW) $40.17 2.74%
Salesforce.Com Inc. (CRM) $345.35 2.71%
JP Morgan Chase & Co. (JPM) $238.94 2.57%
Amgen Inc. (AMGN) $267.76 2.51%
Unitedhealth Group Inc. (UNH) $500.74 2.35%
Cisco Systems Inc. (CSCO) $58.70 1.86%
Dow Jones - Fallers
Nike Inc. (NKE) $76.71 -0.50%
Procter & Gamble Co. (PG) $168.99 -0.12%
Merck & Co. Inc. (MRK) $99.45 -0.07%
Dowdupont Inc. (DWDP) $0.00 0.00%
Walmart Inc. (WMT) $93.56 0.17%
Chevron Corp. (CVX) $141.96 0.58%
Verizon Communications Inc. (VZ) $40.26 0.74%
Coca-Cola Co. (KO) $62.95 0.80%
Walt Disney Co. (DIS) $112.30 0.84%
Johnson & Johnson (JNJ) $144.96 0.96%
S&P 500 - Risers
FMC Corp. (FMC) $50.54 5.60%
Eli Lilly and Company (LLY) $799.46 5.53%
Carnival Corp. (CCL) $26.49 5.19%
Humana Inc. (HUM) $247.93 5.15%
Iron Mountain Inc (New) (IRM) $106.62 4.92%
Occidental Petroleum Corp. (OXY) $47.49 4.70%
Vornado Realty Trust (VNO) $41.90 4.67%
Extra Space Storage (EXR) $148.98 4.65%
Broadcom Inc. (AVGO) $228.28 4.56%
Norwegian Cruise Line Holdings Ltd (NCLH) $26.52 4.39%
S&P 500 - Fallers
Tractor Supply Company (TSCO) $53.89 -79.59%
TripAdvisor Inc. (TRIP) $13.53 -2.59%
Accenture Plc (ACN) $368.28 -1.04%
PACCAR Inc. (PCAR) $106.60 -0.85%
Dxc Technology Company (DXC) $21.34 -0.70%
Colgate-Palmolive Co. (CL) $92.33 -0.63%
Vertex Pharmaceuticals Inc. (VRTX) $394.26 -0.60%
Travel + Leisure Co (TNL) $50.70 -0.53%
Nike Inc. (NKE) $76.71 -0.50%
Mattel Inc. (MAT) $17.74 -0.39%
Nasdaq 100 - Risers
Sirius XM Holdings Inc (SIRI) $22.63 9.94%
Broadcom Inc. (AVGO) $228.28 4.56%
Dollar Tree Inc (DLTR) $71.58 3.65%
Mercadolibre Inc. (MELI) $1,721.14 3.31%
Intel Corp. (INTC) $19.67 3.23%
Workday, Inc. (WDAY) $275.01 3.07%
Western Digital Corp. (WDC) $61.43 3.04%
Expedia Group Inc. (EXPE) $184.65 2.92%
Nvidia Corp. (NVDA) $134.49 2.91%
Adobe Systems Inc. (ADBE) $448.68 2.58%
Nasdaq 100 - Fallers
PACCAR Inc. (PCAR) $106.60 -0.85%
Vertex Pharmaceuticals Inc. (VRTX) $394.26 -0.60%
Liberty Global plc Series A (LBTYA) $12.44 -0.52%
JD.com, Inc. (JD) $35.74 -0.49%
Vodafone Group Plc ADS (VOD) $8.34 -0.48%
Baidu Inc. (BIDU) $85.42 -0.19%
Align Technology Inc. (ALGN) $213.42 -0.07%
Liberty Global plc Series C (LBTYK) $13.13 0.00%
Mylan Inc. (MYL) $0.00 0.00%
Maxim Integrated Products Inc. (MXIM) $0.00 0.00%
