Forexpros – U.S. stocks opened mixed Friday, as bullish U.S. sentiment data counteracted euro zone debt fears..
At the open of U.S. trade, the Dow Jones Industrial Average traded lower by 0.31%, the S&P 500 index moved up 0.22%, while the Nasdaq Composite index declined 0.18%.
Supporting stocks, the U.S. UoM consumer sentiment rose unexpectedly last month, data showed on Friday.
In a report, the University of Michigan said that consumer sentiment rose to a seasonally adjusted 79.3, from 77.8 in the preceding month.
Analysts had expected UoM consumer sentiment to remain unchanged at 77.8 last month.
Worries of Greece leaving the euro zone combined with renewed Spanish financial fears put a bearish damper on the stock market.
Quest Software advanced 4.2% on word that Dell may buy the company.
Across the Atlantic, European stock markets traded lower. The EURO STOXX 50 fell 0.30%, France’s CAC 40 traded off 0.34%, Germany’s DAX dropped 0.09%, while Britain’s FTSE 100 gave back 0.38%.
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