As the Dow Attempts to Recover from its Worst Performance Since March 2023, Stocks Marginally Increase

Following the Dow Jones Industrial Average’s lowest day in almost a year, stocks saw a small increase on Friday.

Dow increased by 28 points, or 0.1%. While the Nasdaq Composite increased by 0.8%, the S&P 500 had a 0.5% gain.

After Workday lowered its full-year subscription revenue guidance, the company’s shares saw a more than 10% decline.

Weak forward outlook caused Intuit to drop 8.3% as well. In the meantime, Deckers Outdoor saw an 11% increase in revenue and earnings.

Source (CNBC)