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US Stocks Edge Higher; Applied Materials Posts Upbeat Earnings

U.S. stocks traded slightly higher this morning, with the Dow Jones index gaining around 10 points on Friday. Following the market opening Friday, the Dow traded up 0.02% to 39,877.48 while the NASDAQ rose 0.01% to 16,699.04. The S&P 500 also rose, gaining, 0.03% to 5,298.61                                         . Check This Out: Walmart To Rally Over 17%? Here Are 10 Top Analyst Forecasts For Friday Leading and Lagging SectorsMaterials shares rose by 0.5% on Friday. In trading on Friday, utilities shares fell by 0.2%. Top Headline Applied Materials Inc (NASDAQ:AMAT) reported better-than-expected financial results for the second quarter on Thursday. Applied Materials said second-quarter revenue was flat on a year-over-year basis. The chip equipment company reported total revenue of $6.646 billion which beat the consensus estimate of $6.537 billion, according to Benzinga Pro. Applied Materials reported adjusted earnings of $2.09 per share, beating analyst estimates of $1.99 per share. Equities Trading UP                        Fangdd Network Group Ltd. (NASDAQ:DUO) shares shot up 312% to $1.69. FangDD filed ...