US Stocks Tread Water on Shortened Trading Day as Bitcoin Soars

US stocks closed mixed on a low-volume Black Friday trading day, with the Dow Jones Industrial Average up 0.3%, the S&P 500 flat, and the Nasdaq composite down 0.1%. Retailers outperformed as Black Friday kicked off the holiday shopping season, with big box chains like Target and Walmart closing higher. Discord at OPEC+ kept crude prices in check, while Nvidia's stock fell after delaying the launch of an AI chip in China due to US export curbs. Cryptocurrencies saw a boost, with Bitcoin rallying to its highest level since May 2022. Tesla's stock climbed after CEO Elon Musk commented on a strike in Sweden targeting the company.