Dow Falls 150 Points; US Producer Prices Rise 0.3% In January



U.S. stocks traded mostly lower this morning, with the Dow Jones index falling around 150 points on Friday.

Following the market opening Friday, the Dow traded down 0.43% to 38,607.11 while the NASDAQ rose 0.01% to 15,907.68. The S&P 500 also fell, dropping, 0.16% to 5,021.71.

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Leading and Lagging Sectors


Information technology shares rose by 0.6% on Friday.

In trading on Friday, real estate shares fell by 1.3%.


Top Headline


U.S. producer prices for final demand rose 0.3% month-over-month in January, recording the biggest rise in five months, compared to a 0.1% fall in the previous month. However, analysts were expecting a 0.1% increase in producer prices.


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Shares of Pop Culture Group Co., Ltd (NASDAQ: CPOP) got a boost, surging 286% to $4.9460.

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