Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining by more than 350 points on Friday.

The Dow traded up 0.82% to 44,228.50 while the NASDAQ rose 0.14% to 18,998.27. The S&P 500 also rose, gaining, 0.31% to 5,966.91.

Leading and Lagging Sectors

Consumer staples shares rose by 1.5% on Friday.

In trading on Friday, communication services shares fell by 0.6%.

Don’t Miss:

• Commercial real estate has historically outperformed the stock market, and this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!

• Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate. The best part? Unlike other private credit funds, this one has a minimum investment of only $100.

Top Headline

Shares of Intuit Inc (NASDAQ:INTU) fell over 5% on Friday after the company reported upbeat results for its first-quarter results, but issued weak forecast for the current quarter.

The company reported quarterly earnings of $2.50 per share, which beat the analyst consensus estimate of $2.35 per share. Quarterly revenue came in at $3.28 billion which beat the consensus estimate of $3.14 billion

Equities Trading UP
           

• Elastic N.V. (NYSE:ESTC) shares shot up 16% to $109.17 after the company reported better-than-expected second-quarter financial results and issued FY25 guidance above estimates.

• Shares of Matthews International Corporation (NASDAQ:MATW) got a boost, surging 19% to $30.26 following upbeat earnings.

• Replimune Group, Inc. (NASDAQ:REPL) shares were also up, gaining 45% to $16.00 after the company on Thursday announced it received breakthrough therapy designation status for RP1 and will submit an RP1 biologics license application to the FDA under an accelerated approval pathway.

Equities Trading DOWN

• Autonomix Medical, Inc. (NASDAQ:AMIX) shares dropped 55% to $6.11 after the company announced the pricing of a $9 million underwritten public offering.

• Shares of Aptose Biosciences Inc. (NASDAQ:APTO) were down 43% to $0.1390 after the company announced the pricing of an $8 million public offering.

• Cemtrex, Inc. (NASDAQ:CETX) was down, falling 41% to $0.1164 after the company announced its board approved a 1-for-35 reverse stock split.