Gold Down Over 1%; Inovio Pharmaceuticals Shares Plummet

U.S. stocks traded mixed toward the end of trading, with the S&P 500 edging lower on Friday.

The Dow traded down 0.14% to 43,851.19 while the NASDAQ rose 0.04% to 19,911.75. The S&P 500 also fell, dropping, 0.04% to 6,048.90.

Check This Out: Jim Cramer Says This CEO ‘Built An Amazing Company,’ Recommends Buying Netflix

Leading and Lagging Sectors

Information technology shares jumped by 0.3% on Friday.

In trading on Friday, materials shares fell by 1.1%.

Top Headline

U.S. import prices increased by 0.1% from the previous month in November. Export prices came in unchanged for November compared to a 1% gain in the previous month.

Equities Trading UP

WISeKey International Holding AG WKEY shares shot up 86% to $6.09 following the company's confirmation of its subsidiary WISeSat.Space's satellite launch with SpaceX. The goal of the launch is to deploy post-quantum-ready next-generation WISeSat satellites. This will showcase the combination of WISeKey's Root of Trust and SEALSQ's Post-Quantum Chips, providing security against emerging quantum threats.
Shares of Broadcom Inc. AVGO got a boost, surging 22% to $220.24 after the company posted better-than-expected earnings for its fourth quarter.
RH RH shares were also up, gaining 13% to $430.78 after the company raised its guidance. Also, Baird maintained a Neutral rating on the stock and raised its price target from $300 to $400.

Equities Trading DOWN

Repare Therapeutics Inc. RPTX shares dropped 57% to $1.6895 after the company reported results of Lunresertib and Camonsertib combination from MYTHIC Phase 1 gynecologic expansion clinical trial.
Shares of 22nd Century Group, Inc. XXII were down 35% to $0.0480 after the company announced a 1-for-135 reverse stock split.
Inovio Pharmaceuticals, Inc. INO was down, falling 38% to $2.34 after the company announced a public offering of 10 million shares for gross proceeds of $30 million.

Commodities

In commodity news, oil traded up 1.8% to $71.25 while gold traded down 1.3% at $2,675.00.

Silver traded down 1.8% to $31.050 on Friday, while copper fell 1.1% to $4.1985.

Euro zone

European shares closed lower today. The eurozone's STOXX 600 fell 0.53%, Germany's DAX fell 0.10% and France's CAC 40 fell 0.15%. Spain's IBEX 35 Index slipped 0.11%, while London's FTSE 100 fell 0.14%.

Asia Pacific Markets

Asian markets closed mostly lower on Friday, with Japan's Nikkei 225 falling 0.95%, Hong Kong's Hang Seng Index dipping 2.09%, China's Shanghai Composite Index tumbling 2.01% and India's BSE Sensex gaining 1.04%.

Economics

U.S. import prices increased by 0.1% from the previous month in November.
U.S. export prices came in unchanged for November compared to a 1% gain in the previous month.
The total number of active U.S. oil rigs came in unchanged at 482 rigs this week, Baker Hughes Inc reported.

Now Read This: