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U.S. stocks traded mostly higher midway through trading, with the Dow Jones index jumping more than 100 points on Friday. The Dow traded up 0.36% to 39,209.32 while the NASDAQ rose 0.01% to 16,042.80. The S&P 500 also rose, gaining, 0.18% to 5,096.40. Leading and Lagging Sectors
AXT, Inc. (NASDAQ: AXTI) reported better-than-expected fourth-quarter sales on Thursday.
Shares of MercadoLibre, Inc. (NASDAQ: MELI) fell sharply during Friday’s session after the company reported fourth-quarter financial results.
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 0.2% on Friday. The Dow traded up 0.23% to 39,158.52 while the NASDAQ fell 0.19% to 16,011.27. The S&P 500 also rose, gaining, 0.11% to 5,092.83. Leading and Lagging Sectors
-- AXT shares soared more than 87% in recent Friday trading, a day after the firm reported better-than-expected Q4 results. The company reported a Q4 non-GAAP loss late Thursday of $0.07 per share,...