U.S. stocks turned higher midway through as investors digested the recent jobs report for the month of June.
The Dow traded up 0.21% to 31,450.12 while the NASDAQ rose 0.21% to 11,646.33. The S&P also rose, gaining, 0.10% to 3,906.65.
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Leading and Lagging Sectors
Health care shares rose by 0.9% on Friday. Meanwhile, top gainers in the sector included MyMD Pharmaceuticals, Inc. (NASDAQ: MYMD ), up 30% and Clovis Oncology, Inc. (NASDAQ: CLVS ) up 42%.
In trading on Friday, utilities shares dipped by 0.5%.
Top Headline
The US economy added 372,000 payrolls in June, following a revised 384,000 growth in May. Analysts, however, were expecting for a 268,000 gain in jobs. Average hourly earnings for all employees on private nonfarm payrolls increased 0.3% to $32.08 in June. The US unemployment rate came in unchanged at 3.6% in June.
Equities Trading UP
Seritage Growth Properties (NYSE: SRG ) shares shot up 68% to $10.23 after the company appointed Adam Metz as Chairman. Preliminary proxy materials also indicated the board recommended shareholders to approve a proposed plan sale.
Shares of Aditxt, Inc. (NASDAQ: ADTX ) got a boost, shooting 77% ...
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