U.S. stocks traded blended midway through trading, with the Dow Jones index falling around 0.1% on Friday.
The Dow traded down 0.09% to 49,398.52 while the NASDAQ gotten 0.13% to 23,559.46. The S&P 500 likewise increased, getting, 0.09% to 6,950.87.
Leading and Lagging Sectors
Infotech shares gotten by 0.3% on Friday.
In trading on Friday, products stocks dipped by 1%.
Leading Heading
U.S. commercial production increased 0.4% month-over-month in December, the like in the previous month and greater than market quotes of 0.1%.
Equities Trading UP
- Venus Idea Inc ( NASDAQ: VERO) shares soared 376% to $6.80. Madryn Possession Management reported a stake of 91% in Venus Idea in a modified 13D filing on Thursday.
- Shares of Jeffs Brands Ltd ( NASDAQ: JFBR) got an increase, rising 196% to $1.65 after the business revealed its subsidiary, KeepZone AI, participated in a non-exclusive circulation contract with STI.
- Locafy Ltd ( NASDAQ: LCFY) shares were likewise up, getting 73% to $5.44 after the business revealed it broadened its collaboration with Experience.com.
Equities Trading DOWN
- Sasol Ltd ( NYSE: SSL) shares dropped 12% to $6.30 after JP Morgan reduced the stock from Neutral to Underweight.
- Shares of Sigma Lithium Corp ( NASDAQ: SGML) were down 10% to $12.87. Reports the other day recommended that Brazil closed down the business’s waste stacks due to security issues.
- Erayak Power Option Group Inc ( NASDAQ: RAYA) was down, falling 24% to $3.00. Shares of electrical devices business traded lower amidst total market weak point.
Products
In product news, oil traded up 1% to $59.78 while gold traded down 0.2% at $4,613.60.
Silver traded down 3.4% to $89.170 on Friday, while copper fell 2.7% to $5.8310.
Euro zone
European shares were lower today. The eurozone’s STOXX 600 fell 0.21%, while Spain’s IBEX 35 Index fell 0.14%. London’s FTSE 100 slipped 0.13%, Germany’s DAX fell 0.36% and France’s CAC 40 slipped 0.91% throughout the session.
Asia Pacific Markets
Asian markets closed primarily lower on Friday, with Japan’s Nikkei falling 0.32%, Hong Kong’s Hang Seng Index decreasing 0.29%, China’s Shanghai Composite falling 0.26% and India’s BSE Sensex getting 0.23%.
Economics
- The Federal Reserve Bank of New york city’s basic organization activity index reached -16.1 in January from -20.0 in the previous month.
- U.S. commercial production increased 0.4% month-over-month in December, the like in the previous month and greater than market quotes of 0.1%.
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