NVAX - Crude Oil Down 1%; Sweetgreen Shares Spike Higher | Benzinga
U.S. stocks traded mixed toward the end of trading, with the Dow Jones gaining around 100 points on Friday.
The Dow traded up 0.24% to 39,482.36 while the NASDAQ fell 0.06% to 39,482.36. The S&P 500 also rose, gaining, 0.11% to 5,219.64 .
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Leading and Lagging Sectors
Financials shares rose by 0.4% on Friday.
In trading on Friday, consumer discretionary shares fell by 0.7%.
Top Headline
The University of Michigan consumer sentiment declined to 67.4 in May versus 77.2 in the prior month, recording the weakest level in six months. However, markets were expecting a reading of 76.
Equities Trading UP
- Novavax, Inc. (NASDAQ:NVAX) shares shot up 99% to $8.91 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop COVID-influenza combination vaccines.
- Shares of Sweetgreen, Inc. (NASDAQ:SG) got a boost, surging 33% to $31.45 after the company reported better-than-expected first-quarter sales results.
- AEye, Inc. (NASDAQ: