U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 200 points on Friday.
The Dow traded up 0.19% to 38,593.49 while the NASDAQ rose 1.55% to 15,600.39. The S&P 500 also rose, gaining, 0.97% to 4,953.70.
Gen Digital shares fell after reporting lower-than-expected Q3 FY24 financial results, with revenue and EPS missing consensus. The company also declared a quarterly dividend and revised its full-year outlook.
Companies Reporting Before The Bell
• ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter.
• Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion.