US Stocks Open Lower; Dow Tumbles 300 Points
U.S. stocks traded lower this morning, with the Dow Jones dropping around 300 points on Friday. Following the market opening Friday, the Dow traded down 0.98% to 30,659.18 while the NASDAQ fell 1.73% to 11,352.63. The SP 500 also fell, dropping, 1.31% to 3,850.34. Also check this: Volatility In Markets Increases As Nasdaq Tumbles 200 Points Leading and Lagging Sectors Utilities shares climbed 0.1% on Friday. Meanwhile, top gainers in the sector included Star Group, L.P. (NYSE: SGU ), up 2% and FirstEnergy Corp. (NYSE: FE ) up 2%. In trading on Friday, industrials shares fell by 2.1%. Top Headline The University of Michigan consumer sentiment rose to a five-month high of 59.5 in September from 58.2 in the previous month. Equities Trading UP Applied Optoelectronics, Inc. (NASDAQ: AAOI ) shares shot up 33% to $3.3282 after the company announced the sale of its Chinese manufacturing facilities to Yuhan Optoelectronic Technology for $150 million. Shares of Alaunos Therapeutics, Inc. (NASDAQ: TCRT ) got a boost, shooting 23% to $2.5908 after dropping 38% on Thursday.
US Stocks Open Lower; Dow Tumbles 300 Points
U.S. stocks traded lower this morning, with the Dow Jones dropping around 300 points on Friday. Following the market opening Friday, the Dow traded down 0.98% to 30,659.18 while the NASDAQ fell 1.73% to 11,352.63. The SP 500 also fell, dropping, 1.31% to 3,850.34. Also check this: Volatility In Markets Increases As Nasdaq Tumbles 200 Points Leading and Lagging Sectors Utilities shares climbed 0.1% on Friday. Meanwhile, top gainers in the sector included Star Group, L.P. (NYSE: SGU ), up 2% and FirstEnergy Corp. (NYSE: FE ) up 2%. In trading on Friday, industrials shares fell by 2.1%. Top Headline The University of Michigan consumer sentiment rose to a five-month high of 59.5 in September from 58.2 in the previous month. Equities Trading UP Applied Optoelectronics, Inc. (NASDAQ: AAOI ) shares shot up 33% to $3.3282 after the company announced the sale of its Chinese manufacturing facilities to Yuhan Optoelectronic Technology for $150 million. Shares of Alaunos Therapeutics, Inc. (NASDAQ: TCRT ) got a boost, shooting 23% to $2.5908 after dropping 38% on Thursday.