Crude Oil Down 3%; Chevron Posts Mixed Q1 Results

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U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling around 0.1% on Friday.

The Dow traded down 0.09% to 49,608.95 while the NASDAQ surged 1.06% to 25,157.20. The S&P 500 also rose, gaining, 0.50% to 7,245.21.

Leading and Lagging Sectors

Information technology shares jumped by 1.6% on Friday.

In trading on Friday, energy stocks fell by 1.3%.

Top Headline

Chevron Corporation (NYSE:CVX) reported mixed first-quarter results on Friday.

The company posted earnings of $2.2 billion, or $1.11 per share, down from $3.5 billion a year earlier. Adjusted EPS of $1.41 beat the $0.95 estimate, while revenue of $48.61 billion missed the $52.08 billion estimate.

Equities Trading UP
           

  • Esperion Therapeutics Inc (NASDAQ:ESPR) …

Full story available on Benzinga.com

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