U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 2% on Friday.
The Dow traded up 2.16% to 49,629.15 while the NASDAQ surged 1.61% to 24,489.57. The S&P 500 also rose, gaining, 1.35% to 7,136.68.
Leading and Lagging Sectors
Consumer discretionary shares climbed by 3.1% on Friday.
In trading on Friday, energy stocks fell by 4.5%.
Top Headline
State Street Corp (NYSE:STT) reported upbeat earnings for the third quarter on Friday.
The company posted quarterly earnings of $2.84 per share which beat the analyst consensus estimate of $2.63 per share. The company reported quarterly sales of $3.796 billion which beat the analyst consensus estimate of $3.658 billion.
Equities Trading UP
- Energy Focus Inc (NASDAQ:EFOI) shares shot up 288% to $8.11. Energy Focus announced a multi-year data …
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