NCPL - Gold Moves Higher; US Consumer Sentiment Improves In December | Benzinga
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 50 points on Friday.
The Dow traded up 0.16% to 37,465.58 while the NASDAQ rose 0.28% to 15,005.25. The S&P 500 also rose, gaining, 0.28% to 4,759.82.
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Leading and Lagging Sectors
Utilities shares jumped by 0.9% on Friday.
In trading on Friday, consumer discretionary shares fell by 0.4%.
Top Headline
The University of Michigan's consumer sentiment was revised higher to 69.7 in December versus a preliminary reading of 69.4.
Equities Trading UP
Karuna Therapeutics, Inc. (NASDAQ: KRTX) shares shot up 47% to $316.30. Bristol Myers Squibb & Co (NYSE: BMY) agreed to acquire Karuna Therapeutics for $330.00 per share in cash, for a total equity value of $14.0 billion, or $12.7 billion net of estimated cash acquired.
Shares of Royalty Management Holding Corporation (NASDAQ: RMCO) got a boost, surging 49% to $2.9650 after the company said its unit Ferrox Holdings confirmed the commencement of production of titanium ferrite from its Tivani operating site.
Daseke, Inc. (NASDAQ: DSKE) shares were also up, gaining 65% to $8.11 after the company announced it will be acquired by TFI International.
Equities Trading DOWN
AlloVir, Inc. (NASDAQ: ALVR) shares dropped 66% to $0.7988 after the ...