S&P 500 Gains Over 1%; GCT Semiconductor Shares Spike Higher

By Avi Kapoor

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 200 points on Friday.

The Dow traded up 0.89% to 38,941.18 while the NASDAQ rose 1.26% to 16,251.98. The S&P 500 also rose, gaining, 1.10% to 5,203.90.

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