Crude Oil Surges 4%; US Consumer Sentiment Declines In March

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 1.5% on Friday.

The Dow traded down 1.11% to 45,448.58 while the NASDAQ fell 1.51% to 21,084.20. The S&P 500 also fell, dropping, 1.07% to 6,407.96.

Leading and Lagging Sectors

Energy shares climbed by 1.4% on Friday.

In trading on Friday, consumer discretionary stocks fell by 2.1%.

Top Headline

The University of Michigan’s Consumer Sentiment Index dipped to 53.3 in March from the preliminary reading of 55.5 and down from February’s reading of 56.6.

Equities Trading UP
           

• Artelo Biosciences Inc (NASDAQ:ARTL) shares shot up 192% to $9.33 after the company announced the withdrawal of its SEC Registration Statement as it doesn’t intend to sell securities at this time.
• Shares of Hitek Global Inc (NASDAQ:HKIT) got a boost, surging …

Full story available on Benzinga.com