Midway through trading Friday, the Dow traded up 0.64 percent to 24,617.90 while the NASDAQ declined 0.18 percent to 7,698.77. The S&P also rose, gaining 0.39 percent to 2,760.49.

Leading and Lagging Sectors;

On Friday, the energy shares surged 2.7 percent. Meanwhile, top gainers in the sector includedDenbury Resources Inc. DNR 12.62% up 11 percent, and California Resources Corporation CRC 14.34% up 13 percent.

In trading on Friday, information technology shares fell 0.56 percent.

Top Headline;

Kroger Co KR 1.81% reported better-than-expected earnings for its first quarter on Thursday.

The company said it earned 73 cents per share in the quarter on revenue of $37.53 billion versus expectations of 63 cents and $37.33 billion.

Equities Trading UP;

Tandem Diabetes Care, Inc. TNDM 11.82% shares shot up 14 percent to $23.18 after the company reported the FDA approval of the t:slim X2 Insulin Pump with Basal-IQ technology.

Shares of Ability Inc. ABIL 16.07% got a boost, shooting up 23 percent to $5.58 after surging 110.65 percent on Thursday.

WillScot Corporation WSC 18.93% shares were also up, gaining 18 percent to $14.35 after the company announced plans to acquire ModSpace for an enterprise value of $1.1 billion.

 

Equities Trading DOWN;

Green Brick Partners, Inc. GRBK 12.26% shares dropped 12 percent to $9.125. Green Brick priced its 7.1 million share common stock offering at $9.50 per share

Shares of Red Hat, Inc. RHT 12.02% were down 11 percent to $147.175. Red Hat reported better-than-expected results for its first quarter, but lowered its revenue forecast for the full year. The company announced a $1 billion buyback.

Sigma Labs, Inc. SGLB 15.09% was down, falling around 16 percent to $0.89. Sigma Labs priced its 2.39 million unit offering at $1.00 per unit.

 

Commodities;

In commodity news, oil traded up 4.1 percent to $68.23 while gold traded up 0.06 percent to $1,271.20.

Silver traded up 0.48 percent Friday to $16.405, while copper fell 0.11 to $3.04.

Eurozone;

European shares were lower today. The eurozone’s STOXX 600 climbed 0.96 percent, the Spanish Ibex Index rose 0.71 percent, while Italy’s FTSE MIB Index surged 0.77 percent. Meanwhile the German DAX gained 0.20 percent, and the French CAC 40 gained 1.23 percent while U.K. shares rose 1.74 percent.

Economics;

The Markit manufacturing PMI dropped to 54.6 in June, compared to 56.5. The services PMI declined to a reading of 56.5 from 56.8.

The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.