Mexico's benchmark stock index, the S&P/BMV IPC, closed higher on Friday, advancing 0.59% as gains in industrial and consumer-focused sectors lifted the market. The Mexican peso also strengthened against the U.S. dollar.
Russia's benchmark MOEX stock index fell 2.13% to its lowest point in three years, dragged down by a sharp sell-off in the mining, oil and gas, and power sectors. Gold producer Polyus was the worst performer, plunging over 10%.
The special purpose acquisition company raised $230 million in gross proceeds after pricing 23 million units at $10.00 each and began trading under the ticker 'CCCTU'.
The parent company of Men's Wearhouse and Jos. A. Bank has publicly disclosed its registration documents for a U.S. initial public offering, aiming to list on the Nasdaq under the ticker "MENW."
The parent company of Men's Wearhouse and Jos. A. Bank has publicly filed for an initial public offering, aiming for a return to public markets four years after emerging from Chapter 11 bankruptcy.
Shares of the memory chip maker recovered from an early-session dip to close higher, fueled by a major AI infrastructure supply agreement with Meta Platforms and a bullish industry outlook from UBS.
Shares of Meta Platforms surged on Friday, leading a rally among several mega-cap technology stocks, while biotechnology firm Moderna experienced a sharp double-digit decline.
European wheat futures climbed over 4% on Friday, reaching their highest point in six weeks amid market speculation that Russia could close the Sea of Azov to shipping, threatening major export disruptions.
The e-commerce giant has mandated the removal of all vape products from its platform globally, following pressure from a U.S. law enforcement coalition over the sale of illegal e-cigarettes.
