U.S. stocks traded higher this morning, with the Nasdaq Composite gaining by more than 200 points on Friday.

Following the market opening Friday, the Dow traded up 0.20% to 38,162.13 while the NASDAQ rose 1.36% to 15,823.47. The S&P 500 also fell, dropping, 0.73% to 5,085.46.

Leading and Lagging Sectors

Communication services shares rose by 4.9% on Friday.

In trading on Friday, energy shares dipped by 1.2%.

Top Headline

The Federal Reserve's preferred measure of inflation – the Personal Consumption Expenditure (PCE) price index – rose more than expected in March. The headline PCE price index rose from 2.5% in February 2024 to 2.7% year-on-year in March, beating forecasts of...