UPLD - Dow Surges Over 150 Points; AerCap Posts Upbeat Earnings | Benzinga
U.S. stocks traded higher this morning, with the Dow Jones index jumping more than 150 points on Friday.
Following the market opening Friday, the Dow traded up 0.46% to 39,249.71 while the NASDAQ rose 0.20% to 16,073.78. The S&P 500 also rose, gaining, 0.41% to 5,107.74.
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Leading and Lagging Sectors
Utilities shares rose by 1.1% on Friday.
In trading on Friday, energy shares fell by 1.1%.
Top Headline
AerCap Holdings N.V. (NYSE: AER) reported upbeat earnings for its fourth quarter on Friday.
Total revenues and other income rose 4% to $1.899 billion, missing the consensus of $1.926 billion. Adjusted EPS of $3.11 beat the analyst consensus of $2.45.
Equities Trading UP
AXT, Inc. (NASDAQ: AXTI) shares shot up 79% to $4.0690 after the company reported better-than-expected fourth-quarter financial results.
Shares of Maravai LifeSciences Holdings, ...