TNON - Dow Surges Over 200 Points; ISM Services PMI Falls In October | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 200 points on Friday
The Dow traded up 0.65% to 34,060.00 while the NASDAQ rose 1.10% to 13,440.99. The S&P 500 also rose, gaining, 0.91% to 4,356.98.
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Leading and Lagging Sectors
Real estate shares jumped by 3.1% on Friday.
In trading on Friday, energy shares fell by 1%.
Top Headline
The ISM services PMI declined to 51.8 in October, from 53.6 in September and versus market estimates of 53.
Equities Trading UP
Tenon Medical, Inc. (NASDAQ: TNON) shares shot up 47% to $1.2599 after the company announced the US FDA concluded a full Quality System Inspection Technique Level 2 Inspection at Tenon Medical.
Shares of Qurate Retail, Inc. (NASDAQ: QRTEA) got a boost, shooting 46% to $0.62 following third-quarter results.
Cooper-Standard Holdings Inc. (NYSE: CPS) shares were also up, gaining 42% to $18.08 following better-than-expected third-quarter results.
Equities Trading DOWN
Fox Factory Holding Corp. (NASDAQ: FOXF) shares dropped 34% to $54.97 after the ...