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

U.S. Stock Market Performance - U.S. stocks traded higher, with the Nasdaq Composite gaining more than 1% on Friday [1] - The Dow increased by 0.55% to 48,216.43, while the NASDAQ rose by 1.10% to 23,260.50, and the S&P 500 gained 0.83% to 6,830.85 [1] - Information technology shares rose by 1.6%, while consumer staples stocks fell by 0.4% [1] Nike Inc. Earnings Report - Nike Inc. shares fell around 10% despite reporting better-than-expected earnings and sales for Q2 [2] - The company posted Q2 revenue of $12.43 billion, exceeding analyst estimates of $12.22 billion [2] - Nike's Q2 earnings were 53 cents per share, surpassing analyst expectations of 38 cents per share [2] Commodity Market Updates - Oil prices increased by 0.9% to $56.66, while gold rose by 0.4% to $4,381.60 [5] - Silver prices surged by 3.4% to $67.415, and copper rose by 1.1% to $5.4955 [5] European and Asian Market Performance - European shares were higher, with the eurozone's STOXX 600 gaining 0.37% [6] - Asian markets closed higher, with Japan's Nikkei 225 gaining 1.03% and Hong Kong's Hang Seng rising by 0.75% [7] Notable Stock Movements - Autozi Internet Technology shares surged 54% to $2.34 after announcing a $90 million equity investment [9] - Amicus Therapeutics shares rose 31% to $14.20 following the announcement of its acquisition by BioMarin for about $4.8 billion [9] - Lamb Weston Holdings shares dropped 25% to $44.70 after Q2 results, while BlackBerry shares fell 10% to $3.90 after reporting Q3 results [9]