International markets roundup
Market watch top headlines
A roundup of trading on major world markets:
NEW YORK - A surprise slide in the US unemployment rate to 7.7 per cent for November gave markets an initial boost on Friday, but shares ended the session mixed.
The Dow Jones Industrial Average rose 81.09 points, or 0.62 per cent, to 13,155.13.
The S&P 500 gained 4.13 points, or 0.29 per cent, to 1,418.07, while the Nasdaq Composite lost 11.23 points, or 0.38 per cent, at 2,978.04.
The November jobs market data came in better than expected, with the economy adding 146,000 jobs, a gain from October's downwardly revised 138,000.
Meanwhile, the University of Michigan consumer sentiment index declined to 74.5 from November's 82.7, which had been the best level in five years.
Also weighing on market sentiment was a continued impasse on the so-called fiscal cliff, with top Republican congressman John Boehner saying there was "no progress" in talks about looming tax hikes and spending cuts due in January. In the absence of a deal, the measures were expected to push the country into recession.
LONDON - Europe's main stock markets posted mixed results, while the euro declined against the dollar as traders digested positive US monthly jobs data.
London's FTSE 100 index on Friday added 0.22 per cent to close at 5,914.4 points, Frankfurt's DAX 30 gave up 0.22 per cent to 7,517.80 points and the Paris CAC 40 gained 0.11 per cent to 3,605.61 points, a new high for the year.
HONG KONG - Asian markets were mixed, with profit-taking reversing some earlier gains, while the euro extended losses made in New York after the ECB cut its growth forecast for the eurozone.
Seoul climbed 0.4 per cent, or 7.83 points, to 1,957.45 on Friday and Tokyo lost 0.19 per cent, or 17.77 points, at 9,527.39.
Shanghai closed up 1.6 per cent, or 32.55 points, at 2,061.79, topping off a positive week, while Hong Kong succumbed in late trade, slipping 0.26 per cent, or 58.64 points, to 22,191.17.
WELLINGTON - New Zealand shares rose, with the NZX 50 Index nearing its five-year high, as investors took heart in progress with Christchurch's rebuild and a hot Auckland property market in driving Fletcher Building to the highest in 16 months.
The NZX 50 rose 18.16 points, or 0.5 per cent, to 4,041.52.