Crude Oil Down Over 1%; American Express Shares Fall After Q3 Results

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining around 100 points on Friday.The Dow traded up 0.03% to 43,252.87 while the NASDAQ rose 0.55% to 18,474.05. The S&P 500 also rose, gaining, 0.33% to 5,861.03.Check This Out: Top 3 Risk Off Stocks Which Could Rescue Your Portfolio This QuarterLeading and Lagging SectorsCommunication services shares jumped by 1.2% on Friday.In trading on Friday, energy shares fell by 1%.Top HeadlineAmerican Express Co AXP shares fell around 5% on Friday after the company reported results for the third quarter.The company said quarterly revenue (net of interest expense) grew 8% year-on-year to $16.64 billion, marginally missing the analyst consensus estimate of $16.67 billion. Adjusted EPS of $3.49 beat the analyst consensus estimate of $3.28.Equities Trading UP United States Cellular Corporation USM shares shot up 12% to $65.62 after the company announced the sale of a portion of its retained spectrum licenses to Verizon for $1 billion.Shares of Bright Minds Biosciences Inc. DRUG got a boost, surging 196% to $64.35. The company announced a $35 million non-brokered private placement.SOBR Safe, Inc. SOBR shares were also up, gaining 55% to $12.30 after the company announced it filed a form RW and will not pursue a public offering at this time.Equities Trading DOWNMGP Ingredients, Inc. MGPI shares dropped 26% to $60.24 after the company issued soft preliminary guidance and lowered its 2024 financial outlook.Shares of Lilium N.V. LILM were down 11% to $0.5101. On Thursday, Canaccord Genuity downgraded the stock from Buy to Hold and cut its price target from $1.85 to $0.70.CVS Health Corporation CVS was down, falling 8% to $58.77 after the company cut its third-quarter outlook.CommoditiesIn commodity news, oil traded down 1.2% to $69.84 while gold traded up 0.9% at $2,731.90.Silver traded up 2.9% to $32.705 on Friday, while copper rose 1.2% to $4.3785.Euro zoneEuropean shares were mixed today. The eurozone's STOXX 600 rose 0.1%, Germany's DAX rose 0.31% and France's CAC 40 climbed 0.35%. Spain's IBEX 35 Index fell 0.1%, while London's FTSE 100 fell 0.52%.Construction output in the Eurozone fell by 2.5% year-over-year in August compared to a revised 2.3% decline in the previous month. The current account surplus in the Eurozone increased to €35.2 billion in August from €26.8 billion in the year-ago period.Asia Pacific MarketsAsian markets closed higher on Friday, with Japan's Nikkei 225 gaining 0.18%, Hong Kong's Hang Seng Index climbing 3.61%, China's Shanghai Composite Index gaining 2.91% and India's BSE Sensex gaining 0.27%.EconomicsU.S. housing starts fell by 0.5% from the previous month to an annualized rate of 1.354 million units in September.Building permits declined by 2.9% to an annual rate of 1.428 million in September.Now Read This: Wall Street’s Most Accurate Analysts Give Their Take On 3 Financials Stocks Delivering High-Dividend Yields