Dow rises 152 points in brief trading on Black Friday

Nov. 25 (UPI) -- The stock market showed mixed results in an abbreviated trading day after Thanksgiving on Black Friday, giving a positive financial start to the Christmas holiday season.

The Dow Jones Industrial Average increased 0.45%, or 152.97 points in the partial session. The S&P 500, though, tumbled 0.03% to 4,026.12 points while the Nasdaq Composite slipped 4%.

For the thanksgiving week, though, all three indexes were up, lead by the Dow's increase of 1.78%, followed by the S&P's 1.53% and the Nasdaq's 0.72%.

The results occurred in the shadow of West Texas Intermediate crude oil. the U.S. bench standard, fell 1.5% at the end of the day after initially jumping 3% in the energy market.

Stocks remained stable early in the week until the minutes from the Federal Reserve's November meeting were released. The minutes showed that governors anticipated a slowing of its interest rate hike binge in 2023, which helped give stocks a push upwards.