BBAI - Nasdaq Gains Over 50 Points; US Economy Adds 275000 Jobs In February | Benzinga
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining over 50 points on Friday.
Following the market opening Friday, the Dow traded up 0.04% to 38,805.52 while the NASDAQ rose 0.41% to 16,339.39. The S&P 500 also rose, gaining, 0.23% to 5,169.38.
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Leading and Lagging Sectors
Real estate shares jumped by 0.7% on Friday.
In trading on Friday, consumer staples shares fell by 1%.
Top Headline
Nonfarm payrolls beat economist estimates, coming at 275,000 in February compared to the expected 200,000. The unemployment rate rose from 3.7% to 3.9%, surprising estimates of 3.7%.
Average hourly wages grew at a 0.1% monthly pace in February, easing from the downwardly revised 0.5% growth in January, and below the expected 0.3%.
Equities Trading UP
Psyence Biomedical Ltd. (NASDAQ: PBM) shares shot up 143% to $3.0831. Psyence Biomedical recently announced its subsidiary, Psyence Australia, received Human Research Ethics Committee approval to initiate its Phase IIb study.
Shares of Ainos, Inc. (NASDAQ: AIMD) got a boost, surging 147% to $2.7650.
Safe and Green ...