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Gold Gains Over 1%; NIO Shares Slide
U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining more than 150 points on Friday.
The Dow traded up 0.12% to 39,354.34 while the NASDAQ rose 0.89% to 18,349.85. The S&P 500 also rose, gaining, 0.49% to 5,564.29.
Check This Out: Amazon, F5 And 2 Other Stocks Insiders Are Selling
Leading and Lagging SectorsCommunication services shares jumped by 2.3% on Friday.
In trading on Friday, energy shares fell by 1.8%.
Top Headline
Nonfarm payrolls increased by 206,000 last month, slowing down by 12,000 from May, but above economist expectations of 189,000, with predictions ranging from 150,000 to 237,000.
The unemployment rate ticked slightly higher from 4% to 4.1% against expectations of an unchanged reading. Average hourly earnings advanced by 0.3% on month-on-month basis, decelerating from May's 0.4%, in line with expectations.
Equities Trading UP
Koss Corporation (NASDAQ:KOSS) shares shot up 28% to $13.62, possibly on continued retail investor interest.
Shares of Macy’s, Inc. (NYSE:M) got a boost, surging 10% to $19.74. An investor group aiming to purchase Macy's has reportedly ...