SCHL - Dow Edges Lower; Mondee Holdings Shares Surge | Benzinga
U.S. stocks were mixed toward the end of trading, with the Dow Jones trading slightly lower on Friday.
The Dow traded down 0.05% to 34,052.86 while the NASDAQ rose 0.34% to 13,269.58. The S&P 500 also rose, gaining, 0.13% to 4,335.45.
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Leading and Lagging Sectors
Information technology shares rose by 0.7% on Friday.
In trading on Friday, consumer discretionary shares fell by 0.5%.
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 23% to $4.9685 after it unveiled a knowledge-enhanced backtracking search algorithm to boost the performance and efficiency of research institutions.
Shares of Anterix Inc. (NASDAQ: ATEX) got a boost, shooting 14% to $33.75. Anterix announced authorization of a new $250 million share repurchase program over three-year period.
Mondee Holdings, Inc. (NASDAQ: MOND) shares were also up, gaining 29% to $4.4804 after the company announced that its board of directors approved a $30 million share repurchase program.
Equities Trading DOWN
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