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U.S. stocks traded lower midway through trading, with the S&P 500 falling around 1% on Friday.
The Dow traded down 0.99% to 47,479.25 while the NASDAQ fell 0.86% to 22,554.26. The S&P 500 also fell, dropping, 0.96% to 6,765.31.
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Leading and Lagging Sectors
Energy shares rose by 0.5% on Friday.
In trading on Friday, financial stocks dipped by 2.1%.
Top Headline
U.S. retail sales fell by 0.2% from the previous month in January, compared to market estimates of a 0.3% decline.
Equities Trading UP
- Peraso Inc (NASDAQ:PRSO) shares shot up 89% to $1.54 after the company announced InTACT selected its 60 GHz millimeter-wave technology for a new drone Identification Friend or Foe system.
- Shares of Day One Biopharmaceuticals Inc (NASDAQ:DAWN) got a boost, surging 66% to $21.16 after the company announced it will be acquired by Servier.
- Marvell Technology Inc (NASDAQ:MRVL) shares were also up, gaining …
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