U.S. stocks traded higher this morning, following the release of PPI data on Friday.
Following the market opening Friday, the Dow traded up 0.08% to 37,739.53 while the NASDAQ rose 0.49% to 15,042.81. The S&P 500 also rose, gaining, 0.40% to 4,799.13.
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Leading and Lagging Sectors
Energy shares jumped by 1.4% on Friday.
In trading on Friday, consumer discretionary shares rose by just 0.01%.
Top Headline
Producer prices in the U.S. fell 0.1% month-over-month in December, the same as in the prior month, and compared to market estimates of a 0.1% rise.
Equities Trading UP
Charge Enterprises, Inc. (NASDAQ: CRGE) shares shot up 81% to $0.1469 after falling 9% on Thursday.
Shares of Spectral AI, Inc. (NASDAQ: MDAI) got a boost, surging 28% to $3.2600. Spectral AI started enrollment in pivotal study to validate DeepView AI for burn injuries.
Volcon, Inc. (NASDAQ: VLCN) shares were also up, gaining 39% to $0.1375 after gaining over 11% on Thursday.