U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 150 points on Friday.
The Dow traded up 0.63% to 40,969.43 while the NASDAQ rose 0.84% to 17,767.15. The S&P 500 also rose, gaining, 0.60% to 5,603.85.
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Leading and Lagging SectorsInformation technology shares climbed by 2.1% on Friday.
In trading on Friday, consumer staples shares rose by just 0.1%.
Top Headline
On Thursday, Intuit Inc. (NASDAQ:INTU) reported better-than-expected results for its fourth quarter and issued strong FY25 EPS guidance.
Also, the company approved a new $3 billion repurchase authorization.
Equities Trading UP
Sequans Communications S.A. (NYSE:SQNS) shares shot up 130% to $1.2602 after the company reported a year-over-year increase in preliminary second-quarter revenue results.
Shares of CAVA Group, Inc. ...
