US stocks closed mixed on Friday, ending a low-volume day of trading following the Thanksgiving holiday. The Dow Jones Industrial Average (DJI) closed up more than 100 points higher, marking a gain of about 0.3%. The benchmark S&P 500 (GSPC) remained largely unchanged, while the tech-heavy Nasdaq composite (IXIC) lagged behind, falling approximately 0.1%.

Despite the mixed performance on Friday, all three major indices closed with gains for the fourth consecutive trading week, setting up November as the best month for the Dow since October 2022. The Nasdaq and S&P 500 are also on track for their best month since July 2022.

Bond yields saw an increase, with the 10-year Treasury note (TNX) ticking up by about 6 basis points to trade near 4.48%.

Retailers outperformed the broader market as the Black Friday shopping frenzy kicked off the holiday shopping season. The S&P retail sector (XRT) closed up approximately 0.6%, boosted by gains from companies like Home Depot (HD) and Best Buy (BBY) at the end of the week.

Despite caution from penny-pinching consumers, big box chains such as Target (TGT) and Walmart (WMT) also closed higher. Retailers are extending their holiday promotions to attract picky shoppers.

Amazon (AMZN) ended the shortened holiday trading session flat as the company prepares for the debut of the first-ever NFL Black Friday game. The move aims to capture more viewers, attract holiday shoppers, and secure higher-paying advertisers.

Discord at OPEC+ kept crude oil prices in check, as the group of oil-producing countries announced that its next meeting will be held online. The meeting, focused on discussing output, was delayed due to a dispute between Saudi Arabia and African members regarding quotas.

Brent crude futures (BZ=F) dipped slightly and traded just above $81 per barrel, following a 1.3% decline in the last two sessions. West Texas Intermediate (WTI) crude futures also saw a decline of about 1.5%, trading at around $76 per barrel after the Thanksgiving break.

Nvidia's (NVDA) stock closed down nearly 2% after reports stated that the company has delayed the launch of an AI chip in China to comply with US export curbs. Nvidia acknowledged that the new US restrictions would weigh on its results in its recent earnings report.

Bitcoin (BTC-USD) experienced a significant boost, rallying to trade above $38,000 at one point during the session. This marks its highest level since May 2022. Shares in cryptocurrency broker Coinbase (COIN) also surged in response to the news, closing up approximately 6%.

Overall, the US stock market closed with mixed results after a low-volume trading day post-Thanksgiving. November proved to be a remarkable month, setting records for the Dow, Nasdaq, and S&P 500. The retail sector outperformed expectations as Black Friday sales began, while the oil market saw some turbulence due to OPEC+ discord. Nvidia faced setbacks due to US export restrictions, while cryptocurrencies experienced a notable rally with Bitcoin hitting multi-month highs.