U.S. stocks traded mostly flat midway through trading on Friday. The Dow traded up 0.01% to 34,945.78 while the NASDAQ fell 0.03% to 14,109.53. The S&P 500 also rose, gaining, 0.05% to 4,510.71.
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Leading and Lagging Sectors
Energy shares surged by 2% on Friday.
In trading on Friday, communication services shares fell by 0.9%.
Top Headline
BJ's Wholesale Club Holdings Inc (NYSE: BJ) reported weak sales for the third quarter,
The company posted a third-quarter FY23 sales growth of 2.9% year-over-year to $4.92 billion, missing the analyst consensus of $4.96 billion. Adjusted EPS of $0.98 beat the consensus of $0.96.
Equities Trading UP
The Gap, Inc. (NYSE: GPS) shares shot up 32% to $17.98 after the company reported better-than-expected financial results for the third quarter on Thursday.
Shares of Altamira Therapeutics Ltd. (NASDAQ: CYTO) got a boost, shooting 291% to $0.3904 after the company entered into a binding agreement for ...