U.S. stocks traded higher this morning, with the Dow Jones index gaining around 300 points on Friday.
The Dow traded up 0.69% to 44,270.42 while the NASDAQ gained 0.72% to 21,395.15. The S&P 500 also rose, gaining, 0.70% to 6,384.55.
Check This Out: Jim Cramer: This Financial Stock Is ‘Just Too Dicey’, Salesforce Is A ‘Little Tough Right Now’
Leading and Lagging Sectors
Communication services shares jumped by 1% on Friday.
In trading on Friday, utilities stocks rose by just 0.1%.
Top Headline
American Axle & Manufacturing Hldngs Inc (NYSE:AXL) reported better-than-expected earnings for the second quarter.
The company posted quarterly earnings of 21 cents per share which beat the analyst consensus estimate of 15 cents per share. The company reported quarterly sales of $1.536 billion which …