New Zealand/Australia Morning Call-Global markets

-----------------------(07:12 / 1912 GMT)----------------------- Stock Markets S&P/ASX 200 5,492.79 +12.86 NZSX 50 5,151.37 +22.53 DJIA 16,606.27 +63.19 Nikkei 14,462.17 +124.38 NASDAQ 4,185.81 +31.47 FTSE 6,815.75 -4.81 S&P 500 1,900.53 +8.04 Hang Seng 22,965.86 +12.10 SPI 200 Fut 5,514.00 +3.00 TRJCRB Index 308.26 +0.63 Bonds AU 10 YR Bond 3.780 -0.017 US 10 YR Bond 2.536 +0.000 NZ 10 YR Bond 4.350 +0.000 US 30 YR Bond 3.398 +0.000 Currencies (Prev at 7pm NZST) AUD US$ 0.9226 0.9239 NZD US$ 0.8539 0.8564 EUR US$ 1.3633 1.3647 Yen US$ 101.96 101.69 Commodities Gold (Lon) 1291.50 Silver (Lon) 19.420 Gold (NY) 1292.74 Light Crude 104.35 ---------------------------------------------------------------- Overnight market action with latest New York figures.

EQUITIES NEW YORK - The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs.

The Dow Jones industrial average rose 63.19 points or 0.38 percent, to 16,606.27. The S&P 500 gained 8.04 points or 0.42 percent, to end at 1,900.53, a record. The Nasdaq Composite added 31.47 points or 0.76 percent, to 4,185.81.

For a full report, double click on - - - - LONDON - Britain's top equity index slipped on Friday to record its biggest weekly loss in more than a month, led by selloffs in oil group Tullow and luxury brand Burberry.

The FTSE 100 closed 0.1 percent lower at 6,815.75 points, recording a 0.6 percent fall on the week, the steepest since April 10.

For a full report, double click on - - - - TOKYO - Japan's Nikkei share average surged to a three-week closing high on Friday, thanks to upbeat economic data in Japan's two biggest trade partners, with the yen's retreat rounding out an encouraging array of positive catalysts.

The Nikkei share average rose 0.9 percent to 14,462.17, its highest close since May 1 and pulling further away from a one-month low of 13,964 hit on Wednesday.

The broader Topix rose 1.0 percent to 1,180.44 while the new JPX-Nikkei Index 400 gained as much to 10,770.38.

For a full report, double click on - - - - FOREIGN EXCHANGE NEW YORK - The euro fell to a three-month low against the dollar and a 17-month trough against the pound on Friday after a disappointing report on German business sentiment supported the view the European Central Bank will cut interest rates next month.

The euro fell to a three-month low of $1.3614 and briefly broke below its 200-day moving average of $1.3636 before retracing to $1.3631.