Nasdaq Jumps Over 200 Points, Crude Oil Rises Sharply
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Friday. The Dow traded up 1.02% to 32,097.43 while the NASDAQ rose 1.87% to 12,084.19. The SP 500 also rose, gaining, 1.30% to 4,058.38. Also check this: Market Volatility Falls Further As US Stocks Settle Higher On Thursday Leading and Lagging Sectors Communication services shares jumped by 2.1% on Thursday. Meanwhile, top gainers in the sector included Globalstar, Inc. (NYSE: GSAT ), up 13% and AMC Entertainment Holdings, Inc. (NYSE: AMC ) up 10%. In trading on Thursday, consumer staples shares rose by just 0.6%. Top Headline Wholesale inventories in the US rose by 0.6% from a month ago to $900.7 billion in July, versus an initial estimate of a 0.8% increase. Equities Trading UP MOGU Inc. (NYSE: MOGU ) shares shot up 34% to $2.68 after the company announced a $10 million repurchase program. Shares of Zscaler, Inc. (NASDAQ: ZS ) got a boost, shooting 19% … Full story available on Benzinga.
Nasdaq Jumps Over 200 Points, Crude Oil Rises Sharply
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 200 points on Friday. The Dow traded up 1.02% to 32,097.43 while the NASDAQ rose 1.87% to 12,084.19. The SP 500 also rose, gaining, 1.30% to 4,058.38. Also check this: Market Volatility Falls Further As US Stocks Settle Higher On Thursday Leading and Lagging Sectors Communication services shares jumped by 2.1% on Thursday. Meanwhile, top gainers in the sector included Globalstar, Inc. (NYSE: GSAT ), up 13% and AMC Entertainment Holdings, Inc. (NYSE: AMC ) up 10%. In trading on Thursday, consumer staples shares rose by just 0.6%. Top Headline Wholesale inventories in the US rose by 0.6% from a month ago to $900.7 billion in July, versus an initial estimate of a 0.8% increase. Equities Trading UP MOGU Inc. (NYSE: MOGU ) shares shot up 34% to $2.68 after the company announced a $10 million repurchase program. Shares of Zscaler, Inc. (NASDAQ: ZS ) got a boost, shooting 19% … Full story available on Benzinga.