Washington - Spa
U.S. stocks finished higher on Friday. In world markets, European stocks ended mixed, as the DAX in Germany rose 1.2 percent and the CAC 40 in France fell 0.5 percent. Asian markets ended higher, led by the Nikkei in Japan rising 2.3 percent. In U.S. economic news, the University of Michigan’s initial reading on its consumer sentiment index came at 57.8 for September, above estimates for 56.3 and the August reading of 55.7. The U.S. dollar rose versus the euro and versus the yen. Light sweet crude oil for October delivery fell $1.44 to $87.96 a barrel on the New York Mercantile Exchange. Gold futures rose $33.30 to $1,814.70 an ounce. The Dow Jones industrial average rose 75.91, or 0.7 percent, to 11,509.09. The broader Standard & Poor’s 500 index rose 6.9, or 0.6 percent, to 1,216.01. The technology-heavy Nasdaq composite index rose 15.24, or 0.6 percent, to 2,622.31.