U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 1% on Friday.
The Dow traded down 0.16% to 42,304.57 while the NASDAQ rose 1.25% to 18,645.16. The S&P 500 also rose, gaining, 0.53% to 5,840.72.
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Leading and Lagging SectorsInformation technology shares rose by 1.4% on Friday.
In trading on Friday, utilities shares fell by 0.8%.
Top Headline
Colgate-Palmolive Company (NYSE:CL) reported better-than-expected earnings for its third quarter.
The company posted adjusted earnings per share of 91 cents, beating the street view of 89 cents. Quarterly sales of $5.033 billion (+2.4%) beat the street view of $5.003 billion, driven by a "healthy" balance of volume growth and higher pricing.
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CommoditiesIn commodity news, oil traded up 1.6% to $71.28 while gold traded down 0.1% at $2,748.70.
Silver traded up 0.4% to $33.925 on Friday, while copper rose 0.5% to $4.3720.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 slipped 0.03%, Germany's DAX gained 0.11% and France's CAC 40 fell 0.08%. Spain's IBEX 35 Index fell 0.23%, while London's FTSE 100 fell 0.25%.
Asia Pacific Markets
Asian markets closed mixed on Friday, with Japan's Nikkei 225 falling 0.60%, Hong Kong's Hang Seng Index gaining 0.49%, China's Shanghai Composite Index gaining 0.59% and India's BSE Sensex falling 0.83%.
Foreign exchange reserves held by the Reserve Bank of India declined to $688 billion as of Oct. 18, from $704.9 billion in the final week of September.
Economics
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