Stocks Opened at Records on Black Friday

U.S. stocks opened higher on Friday, with the Dow Jones Industrial Average and S&P 500 reaching fresh record highs, as the holiday-shortened session kept trading volume thin. The Dow lately advanced 44.07 points, or 0.23%, to 19,127.25. The S&P 500 climbed 4.20 points, or 0.19%, to 2,208.92. The Nasdaq Composite gained 5.89 points, or 0.11%, to 5,386.56.

Oil prices slid on Friday, dragged by a strong dollar and uncertainty over whether OPEC will agree to cut production at the group’s meeting next week. Brent crude futures were trading at $48.53 a barrel at 1253 GMT, down 47 cents. U.S. crude futures fetched $47.56 a barrel, down 40 cents.

U.S. healthcare company Johnson & Johnson has approached Swiss biotechnology firm Actelion about a potential takeover, Bloomberg reported on Thursday, citing people it said were familiar with the matter.

The online retailer will roll out more than 75,000 sales starting Monday and throughout the week on a variety of products, including toys, electronics, video games and books.

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