Dow Up, Modine Manufacturing Up
GRAND RAPIDS, MI. - The three major indices closed mixed on Friday, November 13, 2026, as rising bond yields pressured the broader market.
The NASDAQ fell 229.82 points.
The DOW rose 50.46 points.
The S&P 500 fell 30.73 points.
S&P 500 futures showed an upward trend in premarket trading earlier in the session, while Nvidia rebounded over 2 percent and Microsoft fell over 2 percent amid a massive global outage.
All this as Modine Manufacturing (MOD) shares rose $29.56 to end the session at $135.66 per share.
Modine Manufacturing experienced a significant surge, rising approximately 31 percent to 35 percent, following reports that Samsung entered acquisition talks with the data center supplier. One report indicated a potential takeover catalyst valued at $5.6 billion.
The talks, which were first reported on November 13, 2026, are likely to continue for several weeks prior to a formal announcement or tender offer.