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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 50 points on Friday.
The Dow traded down 0.57% to 47,912.40 while the NASDAQ rose 0.22% to 22,872.73. The S&P 500 also fell, dropping, 0.16% to 6,813.62.
Leading and Lagging Sectors
Information technology shares climbed by 1.2% on Friday.
In trading on Friday, consumer staples stocks fell by 1.2%.
Top Headline
The annual inflation rate in the U.S. surged to 3.3% in March, recording the highest reading since May 2024 and following 2.4% in both February and January.
Equities Trading UP
- Zentalis Pharmaceuticals Inc (NASDAQ:ZNTL) shares shot up 41% to $6.25. Guggenheim analyst Michael Schmidt maintained Zentalis Pharmaceuticals with a Buy and raised the price target from $6 to $10.
- Shares of CoreWeave Inc (NASDAQ:CRWV) got a boost, surging 13% to $103.55 following reports suggesting that Anthropic agreed to rent the company’s computing …
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