U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 250 points on Friday.
The Dow traded up 0.63% to 42,722.78 while the NASDAQ rose 0.14% to 18,306.94. The S&P 500 also rose, gaining, 0.39% to 5,802.82.
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Leading and Lagging SectorsFinancials shares jumped by 2% on Friday.
In trading on Friday, consumer discretionary shares rose by just 0.1%.
Top Headline
Shares of Wells Fargo & Company (NYSE:WFC) gained more than 5% on Friday after the company reported better-than-expected earnings for its third quarter.
It reported a GAAP EPS of $1.42, beating the consensus of $1.28. Revenue fell 2% to $20.37 billion. Analysts expected $20.41 billion.
Equities Trading UP
Top Wealth Group Holding Limited (NASDAQ:TWG) shares shot up 156% to $5.40. The company priced its $10.8 million public offering of 27 million ordinary shares at $0.40 per share.
Shares of Pacific ...
