U.S. stocks traded higher this morning, with the Dow Jones index gaining over 100 points on Friday.
Following the market opening Friday, the Dow traded up 0.27% to 51,370.02 while the NASDAQ gained 0.28% to 27,270.15. The S&P 500 also rose, gaining, 0.23% to 7,783.75.
Leading and Lagging Sectors
Consumer discretionary shares jumped by 1.2% on Friday.
In trading on Friday, information technology stocks fell by 0.1%.
Top Headline
Delta Air Lines, Inc. (NYSE:DAL) stock fell around 3% on Friday after the airline reported third-quarter 2026 results that beat Wall Street’s revenue estimate but missed adjusted earnings expectations.
Delta reported adjusted earnings of $1.72 per share, missing the $1.81 estimate. Revenue rose 21% year over year to $20.186 billion, beating the $17.654 billion estimate.
The company also cut its full-year earnings outlook as higher fuel costs continued to pressure profitability.
Equities Trading UP
- WF Holding Ltd (NASDAQ:WFF) shares shot up 78% to $3.64 after the company announced it will be acquired by Viatris.
- Shares of OFA Group (NASDAQ:OFAL) got a boost, surging 53% to $0.63. OFA Group completed acquisition and title registration of Tokawa Coastal Property in Choshi, Japan.
- Veea Inc (NASDAQ:VEEA) shares were also up, gaining 49% to $5.77 after the company announced it regained Nasdaq compliance.
Equities Trading DOWN
- China SXT Pharmaceuticals Inc (NASDAQ:SXTC) shares dipped 44% to $0.19. China SXT Pharmaceuticals recently announced a $12 million offering of 8 million shares at $1.50 per share.
- Shares of SCWorx Corp. (NASDAQ:WORX) were down 29% to $2.99.
- Darkiris Inc. (NASDAQ:DKI) was down, falling 24% to $0.5700. DarkIris recently announced the pricing of its $6 million offering of 4,166,666 units.
Commodities
In commodity news, oil traded down 2.2% to $91.29 while gold traded up 1.5% at $4,218.10.
Silver traded up 3.2% to $61.325 on Friday, while copper rose 2.2% to $6.7150.
Euro zone
European shares were higher today. The eurozone’s STOXX 600 rose 1.1%, while Spain’s IBEX 35 Index gained 1.2%, London’s FTSE 100 rose 1.2%, Germany’s DAX gained 1.3%, while France’s CAC 40 jumped 1.1%.
Asia Pacific Markets
Asian markets closed mostly higher on Friday, with Japan’s Nikkei 225 falling 0.02%, Hong Kong’s Hang Seng Index jumping 1.79%, China’s SSE Composite Index rising 0.05% and India’s BSE Sensex gaining 1.23%.
Economics
The University of Michigan’s consumer confidence index fell to 46.30 points in October from 48.10 points in the previous month.
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