US Stocks Rise Amid Consumer Sentiment Boost, Nasdaq Gains Over 100 Points

US stocks traded higher on Friday, with the Dow Jones gaining over 500 points, and the NASDAQ rising 0.66%. The University of Michigan's consumer sentiment index edged higher to 51.0 in November. Health care shares jumped by 2.4%, while information technology stocks rose by just 0.1%. Iveda Solutions, Nuvve Holding Corp, and Enviri Corporation shares surged after announcing partnerships and sales, while Elastic N.V., authID Inc, and Pasithea Therapeutics Corp shares declined. Commodities saw oil trading down 2.3% and gold trading up 0.1%. European and Asian markets closed lower.