US Stocks Close Higher Amid Mixed Economic Data

U.S. stocks closed higher on Friday, with the Nasdaq Composite gaining over 100 points.

The Dow traded up 0.85% to $51,785.35 while the NASDAQ gained 0.55% to $27,086.81.

The S&P 500 also rose, gaining 0.50% to $7,742.75.

Shares of Atlas Energy Solutions Inc (NYSE:AESI) surged 15% after announcing cost reimbursement agreements with two subsidiaries.

Marygold Companies Inc (NYSE:MGLD) shares skyrocketed 92% after Madison Dearborn Partners agreed to acquire the company in an all-cash deal valued at $2 per share.

INLIF Ltd (NASDAQ:INLF) gained 72% after reporting a H1 profit driven by 26% revenue growth and higher margins.

Oil traded down 2.5% to $92.26, while gold and silver prices rose 0.5% and 1.1%, respectively.