U.S. stocks closed higher on Friday, with the Dow Jones gaining around 750 points. Here is the list of some big stocks recording gains in the previous session.
U.S. stocks closed higher on Friday, closing the week on a strong note.
All the three major indices recorded their best week since June, with the S&P 500 and Dow adding 4.7% and 4.9%, respectively last week.
The gains came despite the 10-year Treasury yield climbing to its highest level since 2008 along with a mixed bag of earnings results.
U.S. stocks could languish for a third straight session on Friday, early trading in index futures show. Earnings news continues to be mixed and the uncertainty around the economic outlook could also weigh down on sentiment.
Pre-open movers
U.S. stock futures traded lower in early pre-market trade on Friday after closing lower in the previous session. The Dow Jones dropped by 90 points on Thursday. US initial jobless claims declined by 12,000 to 214,000 in the week ending October 15th, compared to market estimates of 230,000.
The CNN Money Fear and Greed index showed further easing in the fear level among US investors.
US stocks moved lower in choppy trading on Thursday as investors monitored several major earnings reports. Although stocks have dropped for two sessions in a row, but the major indices are still up over 2% for the week.
U.S. stocks closed lower on Thursday, as the recent labor market data reinforced prospects of aggressive rate hikes from the Federal Reserve.
US initial jobless claims declined by 12,000 to 214,000 in the week ending October 15th, compared to market estimates of 230,000.