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Nasdaq Surges 2%; Apple Posts Upbeat Results
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining 2% on Friday.
The Dow traded up 1.16% to 38,670.87 while the NASDAQ rose 2% to 16,157.26. The S&P 500 also rose, gaining, 1.24% to 5,127.07 .
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Leading and Lagging SectorsInformation technology shares rose by 3.2% on Friday.
In trading on Friday, energy shares fell by 0.3%.
Top Headline
Apple, Inc. (NASDAQ:AAPL) reported better-than-expected results for its second quarter.
The company announced a $110-billion stock buyback program and a one-penny-per-share increase in its quarterly dividend.
Equities Trading UP
Safe & Green Holdings Corp. (NASDAQ:SGBX) shares shot up 128% to $6.67 after the company announced its SG Echo subsidiary is preparing to deliver its first sustainable modular unit to a prominent quick-service restaurant customer in the Pacific Northwest.
Shares of Upland Software, Inc. (NASDAQ:UPLD) got a boost, surging 32% to $2.6599 after the company reported better-than-expected ...