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Stocks Marginally Increase as the Dow Attempts to Rebound from its Worst Session Since March 2023

Friday saw a slight increase in stocks after the Dow Jones Industrial Average had its worst session in over a year.

The Dow increased by 51 points, or 0.1%, while the S&P 500 gained 0.3% and the Nasdaq Composite increased by 0.4%.

Workday’s shares fell more than 10% after the company lowered its full-year subscription revenue guidance, and Intuit’s shares fell 8.3% due to weak forward guidance.

Meanwhile, Deckers Outdoor’s shares surged 11% after reporting earnings and revenue beat.

Source (CNBC)

SourceCNBC
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