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Nasdaq Moves Lower; US Consumer Sentiment Falls In May

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling around 0.2% points on Friday. The Dow traded up 0.12% to 39,516.53 while the NASDAQ fell 0.21% to 16,311.23. The S&P 500 also fell, dropping, 0.01% to 5,213.72. Check This Out: Top 3 Industrials Stocks That May Collapse This Month Leading and Lagging SectorsFinancials shares rose by 0.4% on Friday. In trading on Friday, consumer discretionary shares fell by 0.7%. Top Headline The University of Michigan consumer sentiment declined to 67.4 in May versus 77.2 in the prior month, recording the weakest level in six months. However, markets were expecting a reading of 76. Equities Trading UP                        Novavax, Inc. (NASDAQ:NVAX) shares shot up 124% to $10.02 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop COVID-influenza combination vaccines. Shares of Sweetgreen, Inc. (NASDAQ:SG) got a boost, surging 38% to $32.46 after the company reported better-than-expected first-quarter ...