Dow Falls Over 150 Points; Procter & Gamble Posts Upbeat Earnings

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U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 150 points on Friday.

The Dow traded down 0.35% to 49,137.50 while the NASDAQ rose 1.45% to 24,793.34. The S&P 500 also rose, gaining, 0.65% to 7,154.55.

Leading and Lagging Sectors

Information technology shares jumped by 1.6% on Friday.

In trading on Friday, health care stocks fell by 1.3%.

Top Headline

Procter & Gamble Co (NYSE:PG) reported better-than-expected third-quarter financial results.

Procter & Gamble reported quarterly earnings of $1.59 per share which beat the analyst consensus estimate of $1.56 per share. The company reported quarterly sales of $21.235 billion which beat the analyst consensus estimate of $20.516 billion.

Equities Trading UP
           

  • Intel Corp (NASDAQ:INTC) shares shot up 23% to $81.92 after the company reported better-than-expected first-quarter financial results …

Full story available on Benzinga.com

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