It was a lacklustre finish to the week for US markets on Friday night, with stocks weakening slightly despite positive economic data.

Manufacturing in October expanded at a faster than expected pace, raising hopes US factories will lead economic growth in the fourth quarter.

The Dow slipped eleven points (-0.1%) to 16086, the S&P500 declined one point (-0.1%) to 1806, whilst the Nasdaq rose 15 points (+0.4%) to 4060.

Despite the mixed performance on Friday night, November was a huge success for US markets, which recorded gains of between three and three and a half percent for the month.

In commodity markets, gold rose just over a percent but still suffered a horrible November, in which it plummeted almost six and a half percent on bets the Fed will soon begin tapering stimulus.

Oil managed a slight gain but it too endured a nightmare November, tumbling almost four percent amid ongoing increases in weekly US crude stockpiles.

In economic news, building approvals and company operating profits data are due for release at 11:30am, AEDT.

Morning Market Update: Aussie Rolling Over? is a post from: Australian Stock Report Market Pulse Blog