U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 2% on Friday.
The Dow traded up 1.91% to 45,642.89 while the NASDAQ rose 1.96% to 21,513.52. The S&P 500 also rose, gaining, 1.55% to 6,468.68.
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Leading and Lagging Sectors
Consumer discretionary shares jumped by 3.3% on Friday.
In trading on Friday, consumer staples stocks fell by 0.3%.
Top Headline
Shares of Workday, Inc. (NASDAQ:WDAY) fell more than 3% on Friday after the company reported second-quarter results and issued third-quarter sales guidance below estimates. Additionally, the company announced it will acquire Paradox.
Equities Trading UP