Apex Trader Funding - News
Dow Surges 50 Points; US Durable Goods Orders Increase In April
U.S. stocks traded higher this morning, with the Dow Jones index gaining around 50 points on Friday.
Following the market opening Friday, the Dow traded up 0.14% to 39,121.86 while the NASDAQ rose 0.39% to 16,801.18. The S&P 500 also rose, gaining, 0.35% to 5,286.08.
Check This Out: Top 3 Health Care Stocks That May Crash In May
Leading and Lagging SectorsCommunication services shares jumped by 0.7% on Friday.
In trading on Friday, health care shares rose by just 0.1%.
Top Headline
U.S. durable goods orders increased by 0.7% month-over-month in April compared to a revised 0.8% gain in March. However, markets were expecting for a 0.8% decrease.
Equities Trading UP
Akanda Corp. (NASDAQ:AKAN) shares shot up 103% to $4.8598. The international medical cannabis company implemented a 1-for-40 reverse stock split on its ordinary shares effective May 23, 2024, according to a recent exchange filing.
Shares of Netcapital Inc. (NASDAQ:NCPL) got a boost, surging 63% to $0.2836 after jumping 15% on Thursday.
Better ...