TYRA - Nasdaq Rises Over 200 Points; Apple Posts Upbeat Earnings | Benzinga
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 200 points on Friday.
The Dow traded up 0.19% to 38,593.49 while the NASDAQ rose 1.55% to 15,600.39. The S&P 500 also rose, gaining, 0.97% to 4,953.70.
Check This Out: Amazon To Rally Over 41%? Here Are 10 Top Analyst Forecasts For Friday
Leading and Lagging Sectors
Communication services shares rose by 4.1% on Friday.
In trading on Friday, real estate shares fell by 2.3%.
Top Headline
Apple Inc. (NASDAQ: AAPL) reported better-than-expected earnings and revenue for its first quarter.
The iPhone maker reported first-quarter earnings per share of $2.18 and revenue of $119.6 billion, thanks to record Services revenue and iPhone revenue. However, the company reported a revenue decline in China.
Equities Trading UP
Intelligent Bio Solutions Inc. (NASDAQ: INBS) shares shot up 80% to $4.34.
Intelligent Bio Solutions said it sees preliminary second-quarter revenue of $0.76 million.
Shares of Tyra Biosciences, Inc. (NASDAQ: TYRA) got a boost, surging 23% to $15.99. Tyra Biosciences announced a $200 million ...