Crude Oil Gains 1%; Fluor Shares Plunge After Q1 Results

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining 1.5% on Friday.

The Dow traded down 0.06% to 49,564.80 while the NASDAQ gained 1.50% to 26,191.87. The S&P 500 also rose, gaining, 0.79% to 7,394.79.

Leading and Lagging Sectors

Information technology shares jumped by 2.1% on Friday.

In trading on Friday, health care stocks fell by 0.9%.

Top Headline

Fluor Corp (NYSE:FLR) shares dipped around 12% on Friday after the company reported worse-than-expected first-quarter financial results.

Fluor reported quarterly earnings of 14 cents per share which missed the analyst consensus estimate of 62 cents per share. The company reported quarterly sales of $3.663 billion which missed the analyst consensus estimate of $3.894 billion.

Equities Trading UP
           

• Westrock Coffee Co (NASDAQ:WEST) shares shot up 39% to $8.18 after the company reported better-than-expected first-quarter sales results.
• Shares of Innodata Inc (NASDAQ:INOD) got a boost, surging 88% to $85.70 after the company reported better-than-expected first-quarter financial results …

Full story available on Benzinga.com