Overview
- Wall Street opened the final week lower, with the S&P 500 down 0.35% to 6,905.74, the Nasdaq off 0.5% and the Dow down 0.51%, as big tech names including Nvidia, Palantir and Tesla declined.
- Energy shares gained after oil rose roughly 2% to about $58 for WTI and near $61.6 for Brent, while silver plunged around 8% and gold fell more than 4% from recent highs.
- India’s benchmarks extended losses, with the Sensex dropping 345.91 points to 84,695.54 and the Nifty slipping 100.20 points to 25,942.10 in holiday-thin trade.
- Exchange data showed FIIs were net sellers of Rs 317.56 crore on Friday as DIIs bought Rs 1,772.56 crore, reflecting opposing institutional flows.
- US stock futures were little changed after back-to-back S&P 500 declines, with subdued volumes signaling consolidation, and the index remains up about 17% for 2025 on track for an eighth straight monthly gain.