U.S. stocks traded mixed this morning, with the Dow Jones index gaining around 100 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.28% to 51,993.38 while the NASDAQ fell 0.06% to 27,228.78. The S&P 500 also rose, gaining, 0.01% to 7,808.41.
Leading and Lagging Sectors
Communication services shares jumped by 1.5% on Tuesday.
In trading on Tuesday, health care stocks fell by 1%.
Top Headline
The Goldman Sachs Group, Inc (NYSE:GS) reported upbeat earnings for the third quarter.
The company posted quarterly earnings of $17.01 per share which beat the analyst consensus estimate of $13.08 per share. The company reported quarterly sales of $18.679 billion which beat the analyst consensus estimate of $16.705 billion.
Equities Trading UP
- JBDI Holdings Ltd (NASDAQ:JBDI) shares shot up 141% to $2.41.
- Shares of BIO-Key International Inc (NASDAQ:BKYI) got a boost, surging 108% to $3.44 after the company announced Middle East government security agency has selected BIO-key’s Multi-Factor Authentication and Single Sign-On platform to strengthen its identity security.
- Fly-E Group Inc (NASDAQ:FLYE) shares were also up, gaining 93% to $3.95.
Equities Trading DOWN
- WF Holding Ltd (NASDAQ:WFF) shares dipped 48% to $8.97.
- Shares of DarkIris Inc (NASDAQ:DKI) were down 48% to $0.074 after tumbling 58% on Monday.
- SmartKem Inc (NASDAQ:SMTK) was down, falling 43% to $0.60 after declining 9% on Monday.
Commodities
In commodity news, oil traded down 0.7% to $93.12 while gold traded up 0.3% at $4,203.00.
Silver traded down 0.5% to $60.195 on Tuesday, while copper fell 0.1% to $6.7425.
Euro zone
European shares were mixed today. The eurozone’s STOXX 600 fell 0.2%, while Spain’s IBEX 35 Index slipped 0.1%, London’s FTSE 100 rose 0.5%, Germany’s DAX gained 0.1%, while France’s CAC 40 gained 0.1%.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan’s Nikkei 225 falling 1.82%, Hong Kong’s Hang Seng Index gaining 0.30%, China’s SSE Composite Index rising 0.1% and India’s BSE Sensex surging 1.54%.
Economics
The U.S. NFIB small business optimism index fell to 97.9 in September, recording the lowest level in three months, and compared to 98.7 in August.
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