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US Stocks Edge Lower; Applied Materials Earnings Top Views
U.S. stocks traded lower this morning, with the S&P 500 falling around 0.2% on Friday.
The Dow traded down 0.09% to 40,525.20 while the NASDAQ fell 0.22% to 17,555.15. The S&P 500 also fell, dropping, 0.21% to 5,531.63.
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Leading and Lagging SectorsCommunication services shares climbed by 0.2% on Friday.
In trading on Friday, energy shares fell 0.7%.
Top Headline
Applied Materials, Inc. (NASDAQ:AMAT) reported better-than-expected results for its third quarter, after the closing bell on Thursday.
The company said it anticipates fourth-quarter revenue of $6.53 billion, plus or minus $400 million, versus estimates of $6.91 billion. The company expects fourth-quarter adjusted earnings to be between $2 and $2.36 per share, versus estimates of $2.14 per share.
Equities Trading UP
Cingulate Inc. (NASDAQ:CING) shares shot up 115% to $10.33 after the ...