U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 150 points on Friday.
The Dow traded up 0.54% to 44,205.48 while the NASDAQ gained 0.91% to 21,435.04. The S&P 500 also rose, gaining, 0.78% to 6,389.36.
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Leading and Lagging Sectors
Communication services shares jumped by 1% on Friday.
In trading on Friday, real estate stocks fell by 0.1%.
Top Headline
Under Armour, Inc. (NYSE:UAA) stock dipped around 22% on Friday after the company reported first-quarter fiscal 2026 results that met or exceeded internal expectations but missed Wall Street estimates.
Revenue declined 4% year over year to $1.13 billion, falling short of the $1.154 billion consensus estimate. The company reported a GAAP net loss of $3 million, or 1 cent per diluted share, and adjusted net income of $9 million, or 2 cents per share, …