U.S. stocks traded lower this morning, with the Dow Jones index falling more than 400 points on Friday.
Following the market opening Friday, the Dow traded down 1.05% to 41,513.90 while the NASDAQ dipped 0.78% to 17,554.07. The S&P 500 also fell, dropping, 0.86% to 5,613.96.
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Leading and Lagging Sectors
Communication services shares fell by just 0.1% on Friday.
In trading on Friday, materials shares dipped by 1.8%.
Top Headline
Shares of Nike Inc (NYSE:NKE) fell around 8% on Friday after the company reported third-quarter financial results.
The athletic footwear and apparel company reported third-quarter revenue of $11.27 billion, beating analyst estimates of $11.01 billion.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded down 0.3% to $67.87 while gold traded down 1.1% at $3,010.40.
Silver traded down 1.9% to $33.350 on Friday, while copper fell 1.5% to $5.0355.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.82%, Germany's DAX 40 fell 1.04% and France's CAC 40 fell 0.86%. Spain's IBEX 35 Index rose 0.01%, while London's FTSE 100 slipped 0.72%.
Asia Pacific Markets
Asian markets closed mostly lower on Friday, with Japan's Nikkei 225 falling 0.20%, China's Shanghai Composite Index falling 1.29%, Hong Kong's Hang Seng Index dipped 2.19% and India's BSE Sensex gaining 0.73%.
Economics
The Baker Hughes oil rig count will be released today.
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