Crude Oil Down 3%; Kroger Shares Gain After Upbeat Q2 Earnings

Kroger Company (NYSE: KR ) stock gained around 3% on Friday after the grocer reported second-quarter results that topped Wall Street expectations. Adjusted earnings were $1.09 per share, beating the $1.06 estimate. Sales of $34.621 billion also topped the $34.580 billion estimate.

Frequency Electronics Inc ( NASDAQ: FEIM ) shares shot up 30% to $80.96 after the company reported better-than-expected earnings.