Mixed day for global stocks as oil prices rally

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Global stocks were mixed Friday following uneven earnings as worries over the Middle Eastern conflict lifted oil prices.

Following a positive session in Asia, bourses in Europe and New York mostly fell, extending a rough patch for equities.

The broad-based S&P 500 finished at 4,117.37, down 0.5 percent for the day and off more than 10 percent from July 31 -- technically a correction. The inflation data comes after figures released Thursday showed that the US economy had its best growth since late 2021 during the third quarter.

 

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