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U.S. stocks traded mixed toward the end of trading on Friday, with the Dow Jones index falling around 0.1%.
The Dow traded down 0.09% to 49,608.95, while the NASDAQ surged 1.06% to 25,157.20. The S&P 500 also rose, gaining 0.50% to 7,245.21.
Information technology shares jumped by 1.6% on Friday. Energy stocks fell by 1.3%.
Chevron Corporation reported mixed first-quarter results on Friday.
The company posted earnings of $2.2 billion, or $1.11 per share, down from $3.5 billion a year earlier. Adjusted EPS of $1.41 beat the $0.95 estimate, while revenue of $48.61 billion missed the $52.08 billion estimate.
In commodity news, oil traded down 3% to $101.93, while gold rose 0.1% to $4,630.60.
Silver rose 3.1% to $76.300, while copper fell 0.3% to $5.9655.
European shares were mixed. The eurozone’s STOXX 600 rose 0.04%, while London’s FTSE 100 fell 0.14%.
Asian markets closed higher on Friday, with Japan’s Nikkei gaining 0.38%.
Photo via Shutterstock
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