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Dec 19, 2025 12:30 PM

Nasdaq Surges Over 1%; Lamb Weston Shares Decline Following Q2 Results

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 1% on Friday.

The Dow traded up 0.55% to 48,216.43 while the NASDAQ jumped 1.10% to 23,260.50. The S&P 500 also rose, gaining, 0.83% to 6,830.85.

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Leading and Lagging SectorsInformation technology shares rose by 1.6% on Friday.

In trading on Friday, consumer staples stocks fell by 0.4%.

Top Headline

Shares of Nike Inc. (NYSE:NKE) fell around 10% on Friday after the company reported better-than-expected earnings and sales results for the second quarter, but posted a decline in gross margins for the second straight quarter.

Nike posted second-quarter revenue of $12.43 billion, beating analyst estimates of $12.22 billion, according to Benzinga Pro. ...