Dow Jones Flat; Cathie Wood Scoops Up Fallen Software Stock As EV Play Dives

News Snapshot:

The Dow Jones Industrial Average moved sideways for much of Friday, consolidating recent gains amid encouraging housing data. The index was flat at 3 p.m. ET. X The S&P 500 and the Nasdaq gained 0.2% each in afternoon trades. Both indexes had traded sideways in the morning in the stock market today. All three major indexes are on track for the third straight week of gains. Volume on the NYSE and on the Nasdaq was lower compared with the same time on Thursday. It was a good day for small caps. The Russell 2000 rose over 1%, though it remained...