These gains mean the indices are heading for a winning week, with the DJIA on pace for gains of around 1%, the S&P 500 around 1.1% and the Nasdaq 1.2%.Arm Holdings stock soared almost 25% above its Nasdaq debut price on Thursday and was up another 5% on Friday, boding well for other deals already in the pipeline, including the debut of delivery platform Instacart as early as this month.
About 150 companies are waiting to go public on the Nasdaq, a 40% increase from the same time last year, Reuters reported Friday, citing sources.retail salesInvestors are turning their attention to next week's Federal Reserve policy-setting meeting, looking for clues to help clarify the policy path ahead for both Fed officials and markets alike.
The highlight of economic data on Friday will be a preliminary September consumer sentiment reading from the
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