Dow Gains Over 100 Points; AerSale Shares Plunge After Q4 Results

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U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite dipping around 0.5% on Friday.

The Dow traded up 0.27% to 38,894.21 while the NASDAQ fell 0.51% to 16,190.52. The S&P 500 also fell, dropping, 0.20% to 5,146.8.

Check This Out: Wall Street’s Most Accurate Analysts’ Views On 3 Risk Off Stocks With Over 5% Dividend Yields

 

Leading and Lagging Sectors

 

Real estate shares jumped by 0.9% on Friday.

In trading on Friday, information technology shares fell by 1.8%.

 

Top Headline

 

Nonfarm payrolls beat economist estimates, coming at 275,000 in February compared to the expected 200,000. The unemployment rate rose from 3.7% to 3.9%, surprising estimates of 3.7%.

Average hourly wages grew at a 0.1% monthly pace in February, easing from the downwardly revised 0.5% growth in January, and below the expected 0.3%.

 

Equities Trading UP

 

Willdan Group, Inc. (NASDAQ: WLDN) shares shot up 25% to $24.85 after the company reported better-than-expected fourth-quarter financial results and issued FY24 guidance above estimates. Also, the company secured a contract worth approximately $30 million to $50 million over three years.

Shares of The Joint Corp. (NASDAQ: JYNT) got a boost, surging 31% to …

Full story available on Benzinga.com


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