U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 150 points on Tuesday.
The Dow traded down 0.37% to 42,632.71 while the NASDAQ fell 0.43% to 19,132.73. The S&P 500 also fell, dropping, 0.42% to 5,938.36.
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Leading and Lagging Sectors
Utilities shares rose by 0.3% on Tuesday.
In trading on Tuesday, information technology stocks dipped by 0.8%.
Top Headline
Amer Sports, Inc. (NYSE:AS) reported better-than-expected first-quarter FY25 results.
Revenue rose 23% year over year (Y/Y) to $1.47 billion (+26% Y/Y on a constant currency basis), exceeding the consensus of $1.38 billion. Adjusted EPS of 27 cents beat the consensus of 15 cents.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded down 0.7% to $62.27 while gold traded up 1.5% at $3,280.60.
Silver traded up 1.5% to $33.005 on Tuesday, while copper fell 0.5% to $4.6455.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.73%, while Spain's IBEX 35 Index rose 1.48%. London's FTSE 100 rose 0.92%, Germany's DAX 40 gained 0.43% and France's CAC 40 climbed 0.71% during the session.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei gaining 0.08%, Hong Kong's Hang Seng Index gaining 1.49%, China's Shanghai Composite Index rising 0.38% and India's BSE Sensex declining 1.06%.
Economics
US Redbook Index rose by 5.4% year-over-year in the week ending May 17.
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