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Nasdaq Down 50 Points; S&P Global Composite PMI Hits 26-Month High

Benzinga ·  Jun 21 22:13

U.S. stocks traded mixed this morning, with the Nasdaq Composite falling around 50 points on Friday.

Following the market opening Friday, the Dow traded up 0.18% to 39,206.92 while the NASDAQ fell 0.29% to 17,669.56. The S&P 500 also fell, dropping, 0.20% to 5,461.98.

Leading and Lagging Sectors

Consumer staples shares jumped by 0.6% on Friday.

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

Top Headline

The S&P Global composite PMI climbed to 54.6 in June, notching its strongest level since April 2022, and compared to 54.5 in May.

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