U.S. stocks traded lower this morning, with the Dow Jones index falling around 200 points on Friday.

Following the market opening Friday, the Dow traded down 0.54% to 38,249.92 while the NASDAQ fell 0.83% to 16,305.21. The S&P 500 also fell, dropping, 0.62% to 5,166.70.

Leading and Lagging Sectors

Energy shares rose by 1.1% on Friday.

In trading on Friday, information technology shares fell by 1.1%.

Top Headline

Citigroup Inc(NYSE:C) posted better-than-expected earnings for its first quarter.

Citigroup reported a first-quarter fiscal 2024 revenue decline of 2% year-over-year to $21.10 billion, beating the consensus of $20.39 billion. GAAP EPS of $1.58 beat the consensus of $1.20.

Equities...