U.S. stocks traded higher this morning, with the Dow Jones index gaining by more than 300 points on Friday.
Following the market opening Friday, the Dow traded up 0.72% to 44,184.62 while the NASDAQ rose 0.07% to 18,985.33. The S&P 500 also rose, gaining, 0.35% to 5,969.29.
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Leading and Lagging Sectors
Consumer staples shares rose by 1% on Friday.
In trading on Friday, communication services shares fell by 0.4%.
Top Headline
Gap, Inc. (NYSE:GAP) reported better-than-expected earnings for its second quarter and raised its outlook for FY24 gross margin.
The company reported quarterly earnings of 54 cents per share, which beat the analyst consensus estimate of 40 cents per share.
Equities Trading UP
- SKK Holdings Limited (NASDAQ:SKK) shares shot up 76% to $1.95 after declining around 75% on Wednesday.
- Shares of DevvStream Corp. (NASDAQ:DEVS) …
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