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Crude Oil Down 2%; Zoomcar Shares Spike Higher
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 100 points on Friday.
The Dow traded up 0.27% to 40,673.09 while the NASDAQ rose 0.22% to 17,633.18. The S&P 500 also rose, gaining, 0.18% to 5,553.08.
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Leading and Lagging SectorsFinancials shares climbed by 0.6% on Thursday.
In trading on Thursday, real estate shares fell by 0.4%.
Top Headline
The total number of active U.S. oil rigs fell by 2 to 483 rigs this week, Baker Hughes Inc reported.
Equities Trading UP
Cingulate Inc. (NASDAQ:CING) shares shot up 301% to $19.23 after the company on Thursday was granted European patent No. 3261625 for CTx-1301, its lead asset for the treatment of ADHD.
Shares of Zoomcar Holdings, Inc. (NASDAQ:ZCAR) got a boost, surging 48% to $0.1639 after the company reported first-quarter results.
H&R Block, Inc. (NYSE: