U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 250 points on Friday.
The Dow traded up 0.94% to 34,211.92 while the NASDAQ rose 1.86% to 13,773.36. The S&P 500 also rose, gaining, 1.35% to 4,406.16.
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Leading and Lagging Sectors
Information technology shares surged by 2.1% on Friday.
In trading on Friday, health care shares rose by just 0.05%.
Top Headline
The Trade Desk, Inc. (NASDAQ: TTD) posted upbeat results for its third quarter, but issued weak revenue guidance for the current quarter.
The Trade Desk reported quarterly earnings of 33 cents per share, beating the analyst consensus estimate of 29 cents. The company posted quarterly sales of $493.27 million, which topped the analyst consensus estimate of $487.16 million.
The Trade Desk said it sees fourth-quarter revenue to be $580 million versus the $610.82 million estimate.
Equities Trading UP
TRACON Pharmaceuticals, Inc. (NASDAQ: TCON) shares shot up 53% to $0.2443 after the company reported third-quarter financial results.