Following the market opening Friday, the Dow traded down 0.66% to 35,634.40 while the NASDAQ rose 0.54% to 16,079.51. The S&P also fell, dropping 0.03% to 4,703.27.

The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 48,398,450 cases with around 789,150 deaths. India confirmed a total of at least 34,489,620 cases and 465,080 deaths, while Brazil reported over 21,989,960 COVID-19 cases with 612,170 deaths. In total, there were at least 256,532,940 cases of COVID-19 worldwide with more than 5,151,120 deaths, according to data compiled by Johns Hopkins University.

Leading and Lagging Sectors

Information technology shares gained by 0.7% on Friday. Meanwhile, top gainers in the sector included Intuit Inc. (NASDAQ:INTU), up 12% and Embark Technology, Inc. (NASDAQ:EMBK) up 11%.

In trading on Friday, energy shares fell 4%.

Top Headline

Foot Locker, Inc. (NYSE:FL) reported better-than-expected earnings for its third quarter.

Foot Locker posted quarterly earnings of $1.93 per share, beating analysts’ estimates of $1.37 per share. The company’s quarterly sales came in at $2.19 billion, versus expectations of $2.12 billion. Third quarter comparable-store sales rose 2.2%.

Andrew Page, Executive Vice President and Chief Financial Officer said “we expect global supply chain constraints to persist throughout the fourth quarter; that said, we believe we are positioned for the holiday season, with positive momentum and inventory levels ready to meet customer demand.”

Equities Trading UP

Greenland Technologies Holding Corporation (NASDAQ:GTEC) shares shot up 79% to $9.33. Greenland Technologies highlighted the launch of second electric industrial vehicle line: GEL-1800 Front Loader.

Shares of Longeveron Inc. (NASDAQ:LGVN) got a boost, shooting 46% to $10.01 on continued upward momentum after the company announced the FDA granted Rare Pediatric Disease designation for Lomecel-B for the treatment of Hypoplastic Left Heart Syndrome.

Aurora Innovation, Inc. (NASDAQ:AUR) shares were also up, gaining 39% to $15.72 after gaining over 8% on Thursday.

Check out these big movers of the day

Equities Trading DOWN

Shares of Flora Growth Corp. (NASDAQ:FLGC) were down 35% to $2.40 after the company reported the pricing of an underwritten public offering of 10 million units, with each being sold at $3 per unit.

RedHill Biopharma Ltd. (NASDAQ:RDHL) was down, falling 26% to $2.8550.
RedHill Biopharma priced its 4.7 million ADS offering for gross proceeds of $15.5 million.

Commodities

In commodity news, oil traded down 3.2% to $76.49, while gold traded up 0.1% to $1,863.10.

Silver traded down 0.5% Friday to $24.775 while copper rose 1% to $4.3485.

Euro zone

European shares were lower today. The eurozone’s STOXX 600 fell 0.4%, the Spanish Ibex Index fell 2.1% and the German DAX 30 dropped 0.6%. Meanwhile, the London’s FTSE 100 fell 0.7%, French CAC 40 fell 0.9% and Italy’s FTSE MIB fell 1.6%.

Economics

Federal Reserve Governor Christopher Waller is set to speak at 10:45 a.m. ET.

Federal Reserve Vice Chairman Richard Clarida will speak at 12:15 p.m. ET.

The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET.

Check out the full economic calendar here