US stocks were higher at the close with the Dow Jones up more than 300 points on Friday.
The Dow was up 1.03% to 33,343.73, while the NASDAQ was up 1.92% to 11,682.86. The S&P 500 was also up 1.51% to 4,041.51.
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Leading and lagging sectors
- Consumer discretionary stocks rose 1.8% on Friday. Meanwhile, top winners in the industry are among them Gaotu Techedu Inc. HAVE YOUby 17% and Xponential Fitness, Inc. XPOFincreased by 14%.
- In Friday trading, consumer staples stocks fell 0.2%.
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ISM Services PMI fell to 55.1 in February from 55.2 in January, but was above expectations of 54.5.
Stock trading UP
- Altamira Therapeutics Ltd. CYTO Shares rose 36% to $3.1994 after the company said data from a recent peer-reviewed clinical study showed Bentrio’s superior nasal residence time and rheological properties.
- shares of Ardelyx, Inc. ARDX got a boost, rocketing 35% to $3.8999 after the company reported better-than-expected fourth-quarter sales results.
- Seer, Inc. SEER Shares were also higher, gaining 38% to $5.82 after the company reported better-than-expected Q4 EPS and sales results.
Stocks are trading down
- Practice Precision Medicines, Inc. PRACTICE Shares fell 65% to $1.01 after the company announced topline results from the Essential1 study, which evaluated the efficacy, safety and tolerability of ulixacaltamide (PRAX-944) in essential tremor (ET).
- shares of Veru Inc. VERU fell 39% to $2.30 after the FDA declined to grant the company’s emergency use authorization application for sabizabulin.
- NeuroPace, Inc. NPCE was down, falling 19% to $3.44 after the company released fourth-quarter financial results.
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On commodities news, oil traded up 1.4% to $79.23, while gold traded up 0.7% to $1,854.00.
Silver was up 1.4% on Friday to $21.20, while copper was up 0.3% to $4.0885.
Euro…
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