With the rising dollar, U.S. stocks narrowed early gains on Friday. U.S. trade deficit unexpectedly narrowed in October, exports more than two-year high. China announced that it will continue to carry the news of tightening U.S. stocks rally also inhibited.
At 10:47 on 10 December EDT, the Dow Jones industrial average rose 4.58 points to 11,374.64 points, or 0.04%; the Nasdaq composite index rose 5.53 points to 2,622.20 points, or 0.21%; the S & P 500 Index rose 2.00 points to 1,235.00 points, or 0.16%.
Dow component Procter & Gamble (PG) rose 1.2%, United Technologies (UTX) up 0.9%. Pfizer (PFE) rose 0.3%. Bank of America (BAC) fell 1%.
S & P 500 Index were up all the plates, industrial plates increase the lead.
U.S. stocks trade deficit reported to the upward momentum. Commerce Department reported Friday, with October exports climbed to new highs the past two years, reduce the trade deficit with China, the U.S. October trade deficit unexpectedly fell sharply. The United States in October of products and services in international trade deficit declined by 13% over the previous month, from 44.6 to 38.71 billion U.S. dollars. Economists on average expect the U.S. October trade deficit would be $ 44,000,000,000.
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