Dow Surges Over 100 Points; US Trade Deficit Widens In November

U.S. stocks traded higher this morning, with the Dow Jones index jumping more than 100 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.30% to 42,833.91 while the NASDAQ gained 0.24% to 19,912.40. The S&P 500 also rose, gaining, 0.30% to 5,993.11.

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Leading and Lagging Sectors

Health care shares jumped by 1.1% on Tuesday.

In trading on Tuesday, consumer discretionary shares fell by 0.3%.

Top Headline

The U.S. trade deficit increased to $78.2 billion in November versus a revised $73.6 billion gap in the previous month and mostly in-line with market estimates. Imports increased 3.4% to $351.6 billion, while exports rose 2.7% to $273.4 billion.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded up 1% to $74.26 while gold traded up 1% at $2,672.80.

Silver traded up 0.9% to $30.850 on Tuesday, while copper rose 0.9% to $4.1980.

Euro zone

European shares were mostly higher today. The eurozone's STOXX 600 gained 0.5%, Germany's DAX 40 gained 0.7% and France's CAC 40 climbed 0.9%. Spain's IBEX 35 Index rose 0.3%, while London's FTSE 100 slipped 0.1%.

Asia Pacific Markets

Asian markets closed mostly higher on Tuesday, with Japan's Nikkei 225 gaining 1.97%, China's Shanghai Composite Index gaining 0.71%, Hong Kong's Hang Seng Index declining 1.22% and India's BSE Sensex rising 0.30%.

Economics

The U.S. trade deficit increased to $78.2 billion in November versus a revised $73.6 billion gap in the previous month and mostly in-line with market estimates. Imports increased 3.4% to $351.6 billion, while exports rose 2.7% to $273.4 billion.

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