U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 100 points on Friday.
The Dow traded up 0.44% to 34,041.58 while the NASDAQ rose 0.92% to 13,646.21. The S&P 500 also rose, gaining, 0.60% to 4,373.61.
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Leading and Lagging Sectors
Information technology shares surged by 1.4% on Friday.
In trading on Friday, consumer discretionary shares rose by just 0.04%.
Top Headline
The University of Michigan consumer sentiment declined to 60.4 in November, recording the lowest reading in six months, versus 63.8 in October and compared to market estimates of 63.7.
Equities Trading UP
TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) shares shot up 56% to $0.2489 after the company reported third-quarter financial results.
Shares of Direct Digital Holdings, Inc. (NASDAQ: DRCT) got a boost, shooting 36% to $3.54 after the company reported better-than-expected third-quarter financial results.
Marpai, Inc. (NASDAQ: MRAI) shares were also up, gaining 49% ...