The S&P 500 and the Dow hovered at levels seen more than a week ago on Friday, as investors took comfort from data pointing to robust economic activity in the world's biggest economy.
The domestically focused small-cap Russell 2000 index,outperformed large-cap indexes with a 1.3% rise. The index hit a more than one-week high and was set for weekly advances of nearly 4%.
A measure of business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump's administration next year.
At 11:29 a.m. ET, the Dow Jones Industrial Average, rose 246.13 points, or 0.56%, to 44,116.48, the S&P 500, gained 8.99 points, or 0.15%, to 5,957.70 and the Nasdaq Composite, lost 24.53 points, or 0.13%, to 18,947.89.
Keeping a lid on gains, Alphabet, lost 1.7%, following on from Thursday's 4% drop, as the Department of Justice argued to a judge the company was monopolizing online search.
Source : Reuters
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