The stock market looked like it would open on a quiet note on Friday, as investors looked to digest the latest jobs report. As of 8:45 a.m. ET, futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were down 38 points to 36,085. S&P 500 (SNPINDEX: ^GSPC) futures had fallen 2 points to 4,685, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had dropped 22 points to 15,737.
The semiconductor stock space has been doing quite well over the past year, as chip shortages have spurred higher demand. STMicroelectronics (NYSE: STM) has recently climbed to levels it hasn't seen since the tech boom of the late 1990s, and it got good news that sent its shares higher Friday morning. Yet the modest gains for STMicro are small compared to the huge rise of more than 50% for a small biologics stock that announced a huge partnership. Below, you'll learn more about STMicro's news, and the name of that small-cap gainer will be revealed.
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STMicro Gets a Boost, but This Tiny Biologics Stock's Seeing the Biggest Rise Friday Morning