Dow Jones Closes At Record High On Friday, Asian Markets Trade Mixed; Weak Start On D-Street Today?

US stock market ended mixed on Friday, with the blue-chip Dow Jones index closing at a record high.
The Dow Jones Industrial Average rallied 137.89 points, or 0.33%, to 42,313.00, while the S&P 500 lost 7.20 points, or 0.13%, to 5,738.17. The Nasdaq Composite ended 70.70 points, or 0.39%, lower at 18,119.59.
Asian markets traded mixed today led by steep fall in Japanese stocks.
Japan’s Nikkei tumbled over 4% today, while Australia stocks hit a fresh high ahead of key economic data from China.
The decline was led by losses in real estate stocks, while the largest loser on the index was department store holding company Isetan Mitsukoshi Holdings ,which was down 11%.
Japan’s August retail sales climbed 2.8% year on year, and up from a revised 2.7% rise in July. The broad-based Topix saw a smaller loss of 3.13%.
Hong Kong’s Hang Seng index jumped 2.33% on its open, while mainland China’s CSI 300 spiked 3.86%.
Meanwhile, Gift Nifty was trading around 26,315 level, a discount of nearly 30 points from the Nifty futures’ previous close, indicating a weak start for the Indian stock market indices.
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