SWBI - Dow Gains 100 Points; US Wholesale Inventories Fall In July | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 100 points on Friday.
The Dow traded up 0.30% to 34,602.56 while the NASDAQ rose 0.36% to 13,797.99. The S&P 500, also rose, gaining, 0.34% to 4,466.41.
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Leading and Lagging Sectors
Energy shares jumped by 1.5% on Friday.
In trading on Friday, industrials shares fell by 0.1%.
Top Headline
Wholesale inventories in the U.S. declined by 0.2% from a month ago in July versus the preliminary estimate of a 0.1% fall and compared to a 0.7% decline in the previous month.
Equities Trading UP
Biocept, Inc. (NASDAQ: BIOC) shares shot up 77% to $1.4897 after the company announced non-exclusive licensing agreement for CNSide with Plus Therapeutics.
Shares of Smith & Wesson Brands, Inc. (NASDAQ: SWBI) got a boost, shooting 13% to $11.90 after the company reported a second-quarter earnings beat and issued strong guidance.
Lantronix, Inc. (NASDAQ: LTRX) shares were also up, gaining 22% to $4.86 following ...