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Dow Gains Over 300 Points; US GDP Growth Revised Lower In Q4
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Dow Gains Over 300 Points; US GDP Growth Revised Lower In Q4
Mar 13, 2026 6:47 AM

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 300 points on Friday.

Following the market opening Friday, the Dow traded up 0.68% to 46,995.67 while the NASDAQ rose 0.40% to 22,401.88. The S&P 500 also rose, gaining, 0.50% to 6,706.16.

Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings

Leading and Lagging Sectors

Utilities shares rose by 1.3% on Friday.

In trading on Friday, energy stocks fell by 0.4%.

Top Headline

U.S. economic growth slowed sharply toward the end of 2025. Gross domestic product expanded at an annualized rate of 0.7% in the fourth quarter of 2025, according to the second estimate released Friday by the Bureau of Economic Analysis.

The reading was significantly revised down from the initial 1.4% estimate and marked a sharp deceleration from the 4.4% growth pace recorded in the third quarter.

Equities Trading UP

           

iSpecimen Inc ( ISPC ) shares shot up 82% to $0.41 after the company announced the launch of its new AI-powered Inventory Agent.

Shares of bioAffinity Technologies Inc ( BIAF ) got a boost, surging 91% to $2.04 after the company reported FY25 financial results.

eLong Power Holding Ltd ( ELPW ) shares were also up, gaining 37% to $4.95. According to a Securities and Exchange Commission filing, the board of directors approved the share consolidation on March 5 under shareholder authority granted at an extraordinary general meeting held in early January.

Equities Trading DOWN

Immutep Ltd ( IMMP ) – ADR shares dropped 83% to $0.47 after the company announced that the Independent Data Monitoring Committee recommends ending Phase 3 trial for TACTI-004 following planned futility analysis.

Shares of Innovation Beverage Group Ltd ( IBG ) were down 45% to $1.36 after the company announced pricing of $6 million public offering.

KinderCare Learning Companies Inc ( KLC ) was down, falling 34% to $2.24 after the company reported fourth-quarter financial results and issued FY26 adjusted EPS guidance below estimates. Also, Baird and Morgan Stanley downgraded the stock and lowered their respective price targets.

Commodities

In commodity news, oil traded down 1.7% to $94.11 while gold traded down 0.2% at $5,118.00.

Silver traded down 1.1% to $84.150 on Friday, while copper fell 0.8% to $5.8210.

Euro zone

European shares were higher today. The eurozone's STOXX 600 rose 0.3%, while Spain's IBEX 35 Index rose 0.6%. London's FTSE 100 rose 0.3%, Germany's DAX gained 0.3% and France's CAC 40 rose 0.1% during the session.

Asia Pacific Markets

Asian markets closed lower on Friday, with Japan's Nikkei 225 falling 1.16%, Hong Kong's Hang Seng index falling 0.98%, China's Shanghai Composite slipping 0.82% and India's BSE Sensex dipping 1.93%.

Economics

Gross domestic product expanded at an annualized rate of 0.7% in the fourth quarter of 2025, according to the second estimate released Friday by the Bureau of Economic Analysis. The reading was significantly revised down from the initial 1.4% estimate and marked a sharp deceleration from the 4.4% growth pace recorded in the third quarter.

The Personal Consumption Expenditures (PCE) price index rose 2.8% year over year in January, down from 2.9% in December and below expectations for an unchanged reading.

U.S. durable goods orders came in flat month-over-month in January, compared to a revised 0.9% decline in December.

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