Economic Data Is Good &Nbsp; &Nbsp; U.S. Stocks Closed High On Friday, With A 0.35% Increase.

The US stock market climbed slightly on Friday, and the quiet week is coming to an end.

As of 4:00 pm Eastern time,

There is widespread concern that China may announce a new round of interest rate rises at the weekend. As a major thrust of recent gold prices, inflation worries have been resolved to a certain extent, and gold prices have entered a stable period, maintaining below $1400 an ounce.

The main gold contract fell to $1384.90 an ounce on Friday.

Earlier, Chinese officials released the November trade figures. Strong import data stimulated the demand for basic metals. At the same time, persistent supply level concerns also contributed to the further rise in the price of copper.

Although the high US dollar exchange rate limited the upward space, copper prices were again close to historic highs, and London copper closed at $8980 on Friday.

The European stock market generally rose in the automobile sector, driving the European stock index higher.

However, the index trend was limited by the adverse market quotations of many bank stocks led by Standard Chartered Bank, and the European stock index ended up only 0.10%.

According to data obtained by The Associated Press on Friday, the US government's $700 billion TARP has been generating nearly $35 billion over the past two years.

According to the December consumer confidence report released by Reuters and University of Michigan on Friday, the US consumer confidence index was 74.2 at the beginning of December, higher than the average 72.9 expected by economists surveyed by Marketwatch, the highest level since January 2008.

In November, the consumer confidence index was 71.6.

Data released by the US labor department on Friday showed that import prices rose fastest in November, as oil and food prices maintained growth.

This result indicates that imported inflation may rise again.

The report shows that import prices increased by 1.3% in November, the fastest growth rate since November 2009.

Import prices also rose by 1% in October.

Previous market surveys show that economists surveyed generally expect import prices to rise by 0.8% in November.

In the last month's report, the labor department's import price increased by 0.9% in October.

In the year to the end of November, the import price has increased by 3.7%.

The US Senate released the final details of the tax bill today and began debating it in the Senate on Thursday night, including the expected cost of $858 billion in 10 years.

In the past two years, there has been a stalemate over how to deal with the tax cut policy before the expiry of the former president Bush. This is an important step towards breaking the stalemate.

If no measures are taken, almost all Americans will raise their personal income tax in January next year.