US Stocks Gain, Nasdaq Surges Over 100 Points

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining more than 100 points on Tuesday.

The Dow traded up 0.15% to 42,973.06 while the NASDAQ climbed 0.58% to 19,880.37. The S&P 500 also rose, gaining, 0.34% to 5,994.51.

Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Utilities Stocks With Over 4% Dividend Yields

Leading and Lagging Sectors

Consumer discretionary shares jumped by 1.5% on Tuesday.

In trading on Tuesday, health care shares fell by 0.5%.

Top Headline

U.S. Redbook index increased 5.9% year-over-year in the latest week, following a prior reading of 4.8% gain.

Equities Trading UP

Baosheng Media Group Holdings Limited BAOS shares shot up 280% to $6.57.
Shares of Carbon Revolution Public Limited Company CREVgot a boost, surging 175% to $10.70 after the company announced it has reached an agreement with OIC for a further $25 million in financing to support the ongoing liquidity of the business.
Jet.AI Inc. JTAI shares were also up, gaining 107% to $7.06 after the company announced it launched “Ava” an agentic AI model for private jet booking.

Equities Trading DOWN

Earn 7.2% — No Matter What the Fed Does

Markets expect rate cuts — but your earnings don’t have to suffer. Lock in 7.2% until 2028 from ten individual bonds.

Sol-Gel Technologies Ltd. SLGL shares dropped 40% to $0.9890.
Shares of Renovaro Inc. RENB were down 32% to $0.7651.
Check-Cap Ltd. CHEK was down, falling 31% to $1.5500.

Commodities

In commodity news, oil traded up 1.2% to $70.06 while gold traded down 0.1% at $2,626.70.

Silver traded up 0.1% to $30.200 on Monday, while copper rose 0.4% to $4.1025.

Euro zone

European shares were higher today. The eurozone's STOXX 600 gained 0.2%, Germany's DAX fell 0.2% and France's CAC 40 rose 0.1%. Spain's IBEX 35 Index rose 0.3%, while London's FTSE 100 rose 0.4%.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 falling 0.32%, Hong Kong's Hang Seng Index gaining 1.08%, China's Shanghai Composite Index gaining 1.26% and India's BSE Sensex falling 0.09%.

Economics

U.S. Redbook index increased 5.9% year-over-year in the latest week, following a prior reading of 4.8% gain.

Now Read This: