U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Friday.
Following the market opening Friday, the Dow traded up 0.24% to 48,819.22 while the NASDAQ fell 0.34% to 23,514.76. The S&P 500 also fell, dropping, 0.13% to 6,892.15.
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Leading and Lagging Sectors
Materials shares jumped by 0.9% on Friday.
In trading on Friday, information technology stocks fell by 0.9%.
Top Headline
Lululemon Athletica Inc. (NASDAQ:LULU) posted better-than-expected results for the third quarter and raised its full-year guidance on Thursday.
Lululemon reported quarterly earnings of $2.59 per share, which beat the analyst estimate of $2.27 by 14.15%, according to data from Benzinga Pro. Quarterly revenue of $2.57 billion beat the Street estimate of …