Feb 23 (Reuters) -

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** indicates closing price

All prices as of 1827 GMT

EQUITIES

GLOBAL - U.S. stocks advanced on Friday and Treasury yields rose as investors absorbed a ruling by the U.S. Supreme Court striking down President Trump's tariffs, while also parsing a weak GDP report and higher-than-expected inflation data.

MSCI's gauge of stocks across the globe .MIWD00000PUS rose 5.73 points, or 0.55%, to 1,052.94.

For a full report, click on MKTS/GLOB

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NEW YORK - U.S. stocks ended higher on Friday, led by gains in Alphabet, Amazon and other Wall Street heavyweights after the Supreme Court struck down President Donald Trump's global tariffs.

The S&P 500 climbed 0.69% to end the session at 6,909.51 points. The Nasdaq gained 0.90% to 22,886.07 points, while the Dow Jones Industrial Average rose 0.47% to 49,625.97 points.

For a full report, click on .N

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LONDON - Europe's STOXX 600 closed at a record on Friday after investors welcomed the U.S. Supreme Court ruling that struck down President Donald Trump's sweeping tariffs.

The pan-European STOXX 600 .STOXX extended earlier gains to close 0.8% higher at 630.56 points, with most regional benchmarks also finishing in positive territory.

For a full report, click on .EU

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TOKYO - Japan's Nikkei share average fell on Friday as heightened U.S.-Iran tensions and a sell-off in U.S. private‑equity shares dented sentiment.

The Nikkei .N225 dipped 1.1% to close at 56,825.70, breaking a two-week rally to log a 0.2% weekly drop.

For a full report, click on .T

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SHANGHAI - China's onshore stock markets will be closed February 15-23 for the Lunar New Year holiday, and will resume trading on Tuesday, February 24.

For a full report, click on .SS

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AUSTRALIA - Australian shares ended a few pips lower on Friday but extended weekly gains, supported by strong corporate earnings, with banks cushioning losses on the day.

The S&P/ASX 200 .AXJO slipped 4.8 points to 9,081.4, snapping a four-day winning streak, but rose 1.8% for the week after touching a record 9,118.3 on Thursday.

For a full report, click on .AX

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SEOUL - South Korean shares rose to a record close on Friday, and logged a second straight weekly gain, as brokerages rallied on the record-breaking performance of the local stock market that doubled in value in the past year.

The benchmark KOSPI .KS11 closed up 131.28 points, or 2.31%, at 5,808.53.

For a full report, click on KRW/

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FOREIGN EXCHANGE

NEW YORK - The dollar declined in volatile trading on Friday and was poised to snap a four-session streak of gains after the U.S. Supreme Court struck down President Donald Trump's sweeping tariffs based on a national emergency law.

The dollar index =USD, which measures the greenback against a basket of currencies, including the yen and the euro, shed 0.09% to 97.80.

For a full report, click on USD/

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SHANGHAI - China's onshore yuan markets will be closed February 15-23 for the Lunar New Year holiday, and will resume trading on Tuesday, February 24.

For a full report, click on CNY/

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AUSTRALIA - The Australian dollar was holding its own against an otherwise firm greenback on Friday as a widening yield premium provided a buffer, while the New Zealand dollar was hamstrung by the fading chance of early rate hikes.

The Aussie was little changed on the day and the week at $0.7056 AUD=D3, having found support at $0.7025 overnight.

For a full report, click on AUD/

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SEOUL - The won strengthened on Friday, while the benchmark bond yield fell.

In offshore trading, the won KRW= was quoted at 1,446.6 per dollar, up 0.2% on the day, while in non-deliverable forward trading its one-month contract KRW1MNDFOR= was quoted at 1,445.8.

For a full report, click on KRW/

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TREASURIES

NEW YORK - U.S. Treasury yields rose on Friday after the U.S. Supreme Court struck down President Donald Trump's tariffs enacted under a law meant for use in national emergencies, leading to uncertainty over payments that may now be due to trading partners and future federal government revenues.

The yield on benchmark U.S. 10-year notes US10YT=RR rose 1.5 basis points to 4.09%, from 4.075% late on Thursday.

For a full report, click on US/

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LONDON - Euro zone government bond yields headed for a second straight weekly decline on Friday, in a week marked by speculation over the leadership of the European Central Bank and by rising geopolitical tensions between the U.S. and Iran.

German 10-year yields DE10YT=RR were set for a decline of 2 basis points this week, which on the back of last week's 9-bp drop, brings the fall for February so far to 11 bps, the most since April last year.

For a full report, click on GVD/EUR

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TOKYO - Japanese government bonds rose on Friday after cooling inflation reduced the urgency for central bank rate hikes and Prime Minister Sanae Takaichi reiterated her pledge to pursue "responsible" fiscal policy.

The benchmark 10-year JGB yield JP10YTN=JBTC fell 3.5 basis points (bps) to 2.105%.

For a full report, click on JP/

COMMODITIES

GOLD

Gold prices rose more than 1% on Friday, supported by weaker‑than‑expected U.S. GDP data, while investors digested President Donald Trump's announcement of fresh global tariffs following the U.S. Supreme Court's tariffs ruling.

Spot gold XAU= was up 1.5% at $5,071.48 an ounce by 02:08 p.m. (1908 GMT).

For a full report, click on GOL/

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IRON ORE

The Dalian Commodity Exchange and the Shanghai Futures Exchange will be closed over the February 16-23 period for the Lunar New Year holiday in China, the bourses said. Trading will resume on February 24.

For a full report, click on IRONORE/

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BASE METALS

Copper, aluminium and other base metals prices gained on Friday after the U.S. Supreme Court struck down sweeping tariffs imposed by President Donald Trump under a law meant for national emergencies.

London Metal Exchange benchmark three-month copper CMCU3 rose 0.8% to $12,917 a metric ton by 1720 GMT, having touched $12,985.50 for its highest in a week.

For a full report, click on MET/L

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OIL

Brent crude prices rose in late-day short-covering on Friday as investors worried about U.S. military action, as President Donald Trump presses the Islamic Republic to halt nuclear weapon development.

Brent crude futures LCOc1 settled at $71.76 a barrel, up 10 cents, 0.14%.

For a full report, click on O/R

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PALM OIL

Malaysian palm oil futures closed lower on Friday, weighed down by weaker soyoil, overproduction concernsand sluggish export demand, though the contract still posted a weekly gain after two straight weeks of losses.

The benchmark palm oil contract FCPOc3 for May delivery on the Bursa Malaysia Derivatives Exchange slipped 27 ringgit, or 0.66%, to 4,090 ringgit ($1,048.72) a metric ton at the close.

For a full report, click on POI/

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RUBBER

Japanese rubber futures extended gains into a fourth consecutive session on Friday on the back of firmer oil prices, amid low liquidity due to the Lunar New Year holiday in China.

The Osaka Exchange (OSE) rubber contract for July delivery JRUc6, 0#2JRU: was up 0.1 yen, or 0.03%, at 355.9 yen ($2.29) per kg

For a full report, click on RUB/T

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(Bengaluru Bureau; +91 80 6749 1130)