Nasdaq Gains Over 100 Points; Beneficient Shares Spike Higher

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Friday.

The Dow traded up 0.37% to 42,165.39 while the NASDAQ rose 0.77% to 18,056.62. The S&P 500 also rose, gaining, 0.46% to 5,726.34.

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Leading and Lagging SectorsFinancials shares jumped by 1.2% on Friday.

In trading on Friday, real estate shares dipped by 0.9%.

Top Headline

The total number of active U.S. oil rigs fell by five to 479 rigs this week, Baker Hughes Inc reported.

Equities Trading UP                       

Phoenix Motor Inc. (NASDAQ:PEV) shares shot up 188% to $1.0012 after the company reported a substantial increase in the first-quarter results.

Shares of Apogee Enterprises, Inc. (NASDAQ:APOG) got a boost, surging 24% to $85.08 after the company reported better-than-expected second-quarter financial results and raised its FY25 ...