U.S. stocks traded higher midway through trading, with the Dow Jones jumping over 400 points on Friday.
The Dow traded up 1.01% to 41,512.59 while the NASDAQ rose 0.68% to 17,689.80. The S&P 500 also rose, gaining, 0.67% to 5,633.42.
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Leading and Lagging SectorsMaterials shares jumped by 1.4% on Friday.
In trading on Friday, information technology shares rose by just 0.4%.
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Shares of Adobe, Inc. (NASDAQ:ADBE) fell around 9% on Friday after the company reported earnings for its third quarter.
The company said it sees fourth-quarter revenue in a range of $5.5 billion to $5.55 billion and earnings of between $4.63 and $4.68 per share.
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