U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 100 points on Friday.
The Dow traded up 1.60% to 40,574.53 while the NASDAQ rose 0.74% to 17,309.62. The S&P 500 also rose, gaining, 0.99% to 5,452.49.
Leading and Lagging Sectors
Industrials shares jumped by 1.7% on Wednesday.
In trading on Wednesday, energy shares fell by 0.3%.
Top Headline
Bristol Myers Squibb & Co(NYSE:BMY) posted strong second-quarter earnings and increased 2024 guidance.
Bristol Myers Squibb posted second-quarter revenues of $12.20 billion, beating the consensus of $11.55 billion, an increase of 9% year-over-year, or 11% when adjusted for foreign exchange impacts, primarily driven by the Growth...
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