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Stocks in the United States have risen, with the Nasdaq 100 reaching a new peak level.

U.S. Stock Markets Climb on Friday: The Dow Jones closed at 44,176 points (up 0.5%) in New York trading, with the Nasdaq 100 momentarily touching its peak.

Stocks in the U.S. are experiencing a surge. The Nasdaq 100 has reached a new peak.
Stocks in the U.S. are experiencing a surge. The Nasdaq 100 has reached a new peak.

Stocks in the United States have risen, with the Nasdaq 100 reaching a new peak level.

The financial landscape saw a mixed bag of developments on Friday, with gold prices dipping slightly and stock markets generally on the rise.

In the world of precious metals, an ounce of gold traded at $3,396 (-0.1 percent) or €93.80 per gram. Meanwhile, the price of oil fell slightly, with a barrel of Brent crude costing $66.37 on Friday evening, down six cents or 0.1 percent from the previous day's close.

Stock markets, however, showed a more optimistic trend. The S&P 500 was up 0.8 percent, around 6,389 points, a few minutes before the close. The Dow Jones Industrial Average also saw a rise, closing at 44,176 points in New York, up 0.5 percent. The Nasdaq 100, too, performed well, calculating at around 23,611 points, up 1.0 percent, and briefly hitting a new high of 23,619 points.

The positive market sentiment could be attributed to the lack of significant catalysts in the markets on Friday. However, concerns about trade policy persisted, with U.S. President Donald Trump expressing worry about whether his trade policy would withstand judicial review. If Trump's trade policy is found to exceed his authority, the U.S. government believes tariff revenues may need to be refunded, as stated by Trump.

In a related development, Donald Trump announced that BlackRock, led by its CEO Larry Fink, would contact him regarding the handling of the new US taxes. This follows a private meeting between BlackRock's CEO and Friedrich Merz, an ally of Trump, during the World Economic Forum in Davos.

The U.S. tariffs, introduced for nearly 70 countries on Thursday, also continue to loom large. The European common currency weakened against the U.S. dollar, with one euro worth 1.1641 U.S. dollars, and one dollar worth 0.8590 euros.

As the week draws to a close, these developments will undoubtedly shape the trajectory of the markets in the coming days. Stay tuned for more updates.

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