Dow Jones up 0.56%, NASDAQ up 0.08%, S&P 500 up 0.32%. Materials shares rise 1.7%, consumer discretionary down 1.3%. University of Michigan's consumer sentiment index beats estimates. Oil down 3.3%, gold up 2.3%, silver up 3.8%, copper up 2.2%. European and Asian markets close higher.
U.S. consumer sentiment rose to 48.9 in early June from 44.8, exceeding expectations; crude oil fell 3.3% to $84.77. Improving demand and lower energy costs support enterprise IT spending and strategic M&A cycles.
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 250 points on Friday.
The Dow traded up 0.56% to 51,134.38 while the NASDAQ rose 0.08% to 25,829.83. The S&P 500 also rose, gaining, 0.32% to 7,418.66.
Leading and Lagging Sectors
Materials shares jumped by 1.7% on Friday.
In trading on Friday, consumer discretionary stocks fell by 1.3%.
US stocks rose, Dow gained over 400 points. S&P 500 and NASDAQ also up. Health care shares jumped, while communication services…
Dow falls over 100 points, NASDAQ down 1.20% and S&P 500 down 0.64%. Energy shares surge, tech stocks drop. NAHB/Wells Fargo…
Consumer Sentiment Improves Slightly in June but Remains Sluggish
Consumer Sentiment Improves Slightly in June but Remains Sluggish
US stocks down, Dow Jones drops 300 points. Real estate shares up, technology stocks down. U.S. trade deficit shrinks, imports…
US stocks rose with Nasdaq up 400 points. Dow up 0.32%, Nasdaq up 1.55%, S&P 500 up 0.94%. Tech shares rose, communication…
