Dow Jones On Pace For Third-Straight Gain; Two Software Firms Pop On Earnings
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The Dow Jones Industrial Average climbed in the first half-hour of trading Friday as indexes aimed for their third-straight day. Software firms Zscaler (ZS) and DocuSign (DOCU) jumped double-digit percentages early Friday after strong earnings reports.
The Dow was up 0.7%, after dipping lower briefly. The S&P 500 held a gain of 0.8%. Tech stocks were leading the market as the Nasdaq held a 1% gain. The Russell 2000 advanced 1% as small caps performed well.
Volume was lower on the Nasdaq and higher on the NYSE compared to the same time on Thursday.
Crude oil futures continued to bounce back late this week after trading at their lowest level in several months earlier in the week. The commodity rose around 3.3% to $86.29 per barrel. Meanwhile, the 10-year Treasury yield cooled slightly to 3.26% but still continued trading around a multi-month highs.