SCHL - Crude Oil Rises 1%; MicroAlgo Shares Trend Higher | Benzinga
U.S. stocks traded slightly higher midway through trading, with the Nasdaq Composite gaining around 100 points on Friday.
The Dow traded up 0.02% to 34,077.68 while the NASDAQ rose 0.76% to 13,325.02. The S&P 500 also rose, gaining, 0.40% to 4,347.41.
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Leading and Lagging Sectors
Information technology shares rose by 0.9% on Friday.
In trading on Friday, financial shares fell by 0.3%.
Top Headline
The S&P Global manufacturing PMI rose to 48.9 in September from 47.9 in the prior month, beating market estimates of 48.
The S&P Global services PMI declined to 50.2 in September from 50.5 in August, below estimates of 50.6.
Equities Trading UP
MicroAlgo Inc. (NASDAQ: MLGO) shares shot up 80% to $7.29 after it unveiled a knowledge-enhanced backtracking search algorithm to boost the performance and efficiency of research institutions.
Shares of 5E Advanced Materials, Inc. (NASDAQ: FEAM) got a boost, shooting 16% to $2.6003 after the company announced it received authorization from the Environmental Protection Agency to conduct Step-Rate Testing under its existing permit.
Mondee Holdings, Inc. (NASDAQ: MOND) shares were also up, gaining 25% to $4.35 after the company announced that its board of directors approved a $30 million share ...