Previous close | 3,948.72 |
Open | 3,939.21 |
Volume |
Day's range | 3,909.16 - 3,954.13 |
52-week range | 3,491.58 - 4,637.30 |
Avg. volume | 4,348,582,000 |
Yahoo Finance Live’s Jared Blikre breaks down how stocks are trading following the opening bell on Friday.
Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.
The stock market started out on an uncertain note on Friday, initially falling but cutting its losses in the first hour of the trading day. Two that they recently focused on were Regeneron Pharmaceuticals (NASDAQ: REGN) and Cracker Barrel Old Country Store (NASDAQ: CBRL). Although the duo are in very different industries and don't necessarily have much in common other than being listed on the Nasdaq, positive assessments from stock analysts indicate optimism about the prospects for their respective businesses.