US Markets: Global equity benchmark indices of the Unites States extended gains on Friday, with Dow Jones Industrial Average increased 23.50 points or 0.08% to 29,321.14, the market-cap dominated S&P 500 index surged 8.08 points or 0.24% higher at 3,324.89, and the Nasdaq Composite index bagged 12.10 points or 0.13% higher at 9,369.23, respectively (at the time of writing, before the US market closed at 02:00 PM ET)
US News: Wall Street indexes accelerated to a new record high in Fridayâs trading session after sign of global growth recovery is expected with decent US housing data numbers reported and optimistic outlook for Chinese economy. After phase 1 trade deal dully signed between the two giants â United States and China, market sentiments look much brighter. During the day, shares of Schlumberger NV surged by around 0.3 per cent after the group reported slightly better than expected quarterly profit. Alphabet Inc. stock leapt up by around 1 per cent. Also, the group became the fourth company in the United States to surpass the market value of USD 1 trillion. During the trading session, the S&P 500 index traded in green with technology majors, Apple Inc., Qualcomm Inc, and Visa Inc. shares were in the bright spot.
S&P 500 (SPX)
Top Performers*: State Street Corp, Citizens Financial Group Inc, and Yum! Brands Inc are top gainers and increased by 4.98%, 3.46% and 2.36% respectively.
Worst Performers*: Expeditors International of Washington, CDW Corp, and Corteva Inc are the top three laggards and decreased by 5.83%, 4.97% and 4.18% respectively.
NASDAQ Composite (IXIC)
Top Performers*: iMedia Brands Inc, Seneca Biopharma Inc, and Titan Pharmaceuticals Inc are top gainers and increased by 56.19%, 54.40% and 20.32% respectively.
Worst Performers*: Aethlon Medical Inc, MGP Ingredients Inc, and Cemtrex Inc are the top three laggards and decreased by 29.35%, 25.26% and 14.34% respectively.
Top Performing Sectors*: Financials (up 0.32%), Technology (up 0.30%) and Energy (up 0.23%).
Worst Performing Sectors*: Industrials (down 0.33%) Telecommunications Services (down 0.09%) and Consumer Cyclicals (down 0.04%).
Dow Jones Industrial Average (DJI)
Top Performers*: Home Depot Inc, Travelers Companies Inc, and American Express Co are top gainers and increased by 1.29%, 1.01% and 0.92% respectively.
Worst Performers*: UnitedHealth Group Inc, International Business Machine Corp, and Boeing Co are the top three laggards and decreased by 1.00%, 0.68% and 0.61% respectively.
European Markets: The Londonâs broader equity benchmark index FTSE 100 traded at 64.75 points or 0.85% higher at 7,674.56, the FTSE 250 index snapped 164.85 points or 0.76% higher at 21,886.08, and the FTSE All-Share Index ended 35.14 points or 0.83% higher at 4,257.93, respectively. Another European equity benchmark index STOXX 600 ended at 424.56, up by 4.02 points or 0.96 per cent.
 European News: On January 17, 2020, trading session, the broader benchmark of the U.K. registered the highest level of 7,689.85 (before the market close), a level which was last seen in July 2019. At the time of writing (at 03:40 PM GMT), the rally was supported by a phase-1 trade deal between the U.S. and China, as it boosts prospect for economic revival and demand uptick. The Office for National Statistics of the United Kingdom has come out with the data that consumer spending for the month of November 2019 has dropped. The figure which was widely expected to fall by 0.5 per cent actually fell by 0.6 per cent for the month. Of the different items that form the basket of commodities that are used to derive these data, food item prices were the ones that fell the most. In business news, HSBC Holdings Plc has announced that it will be cutting around 100 of its staff members from equity business in its continental trading floor in Europe.
London Stock Exchange (LSE)
Leading Companies of the Day*: CRANSWICK PLC (CWK), NMC HEALTH PLC (NMC) and INTL CONSOLIDATED AIRLINES GROUP SA (IAG) zoomed up by 9.13%, 8.26% and 5.42% respectively.
Companies which showed poor performance*: HASTINGS GROUP HOLDINGS PLC (HSTG), RESTAURANT GROUP PLC (RTN) and MAJEDIE INV PLC (MAJE) were in the red zone and declined by 6.32%, 4.82% and 3.25% respectively.
FTSE 100 Index

FTSE-100 index performance â January 17th, 2020 (Source: Thomson Reuters)
Leading Companies of the Day*: NMC HEALTH PLC (NMC), INTL CONSOLIDATED AIRLINES GROUP SA (IAG), and EVRAZ PLC (EVR) accelerated by 8.22%, 5.42% and 5.36% respectively.
Worst Companies of the Day*: WHITBREAD PLC (WTB), ASSOCIATED BRITISH FOODS PLC (ABF), and KINGFISHER PLC (KGF) decelerated by 2.33%, 1.92% and 1.43% respectively.
Volume Traction*: LLOYDS BANKING GROUP PLC (LLOY), VODAFONE GROUP PLC (VOD), and BARCLAYS PLC (BARC).
Sectors in positive zone*: Healthcare (up 2.56%), Basic Materials (up 2.52%), and Utilities (up 1.19%).
Sector in the negative zone*: Telecommunications Services (down 0.02%).
Foreign Exchange Rate Quotation*: GBP/USD and EUR/GBP currency pairs traded at 1.3016 and 0.8522, respectively.
U.S. and U.K. 10-Year Bond Yields*: U.S. 10-Year Treasuries yield was quoting at 1.834%, and the U.K. 10-Year Government Bond yield was trading at 0.628%, respectively.
*At the time of writing the report