U.S. stocks traded mostly lower this morning, with the Dow Jones index dipping more than 200 points on Friday.

Following the market opening Friday, the Dow traded down 0.60% to 38,415.98 while the NASDAQ rose 0.01% to 17,669.62. The S&P 500 also fell, dropping, 0.27% to 5,419.25.

Leading and Lagging Sectors

Communication services shares jumped by 0.4% on Friday.

In trading on Friday, industrials shares fell by 1.3%.

Top Headline

Adobe Inc. (NASDAQ:ADBE) posted upbeat results for its second quarter and also issued a strong forecast on Thursday.

Adobe reported second-quarter revenue of $5.31 billion, beating the consensus estimate of $5.292 billion. The company reported quarterly adjusted earnings...