Stocks Mixed in Holiday Hit Trading; Dollar Steady: Markets Wrap
- U.S. stocks closed higher; Treasuries and European bonds rose
- Dollar steadies; Many markets closed for Good Friday holiday
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Stocks in Asia traded mixed Friday after modest gains in their U.S. counterparts, ahead of a holiday weekend in many countries. The dollar was little changed.
Shares edged higher in Japan and Korea, and fluctuated in China, with trading volumes lighter than usual. The yen steadied and Japanese 10-year bond yields rose after the Bank of Japan cut purchases of some longer-dated bonds in a regular operation. Earlier, the S&P 500 Index closed up after data showed retail sales jumped by the most since September 2017 and unemployment claims fell. The euro pared losses following disappointing German and euro-area factory numbers.