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Following the market opening Tuesday, the Dow traded up 0.28 percent to 25,830.07 while the NASDAQ climbed 0.53 percent to 7,862.26. The S&P also rose, gaining 0.32 percent to 2,866.09.
Leading and Lagging Sectors
Tuesday morning, the energy shares rose 0.99 percent. Meanwhile, top gainers in the sector included Lilis Energy, Inc. (NYSE:LLEX) up 10 percent, and Eclipse Resources Corporation (NYSE:ECR) up 6 percent.
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In trading on Tuesday, consumer staples shares fell 0.61 percent.
Top Headline
Toll Brothers, Inc. (NYSE:TOL) reported upbeat results for its third quarter and raised its revenue forecast for the full year.
Toll Brothers posted quarterly earnings of $1.26 per share on revenue of $1.91 billion. However, analysts were expecting earnings of $1.03 per share on revenue of $1.81 billion.
Toll now projects full-year revenue of $6.76 billion to $7.22 billion, versus prior forecast of $6.64 billion to $7.31 billion.
Equities Trading UP
Regis Corporation (NYSE:RGS) shares shot up 12 percent to $20.23 after announcing upbeat quarterly earnings.
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Shares of Premier, Inc. (NASDAQ:PINC) got a boost, shooting up 13 percent to $43.185 after the company reported better-than-expected quarterly results.
GlobalSCAPE, Inc. (NASDAQ:GSB) shares were also up, gaining 16 percent to $4.00 after the company announced a plan to repurchase up to $15 million worth of its stock at $4.00-$4.50 per share.
Equities Trading DOWN
SeaChange International, Inc. (NASDAQ:SEAC) shares dropped 48 percent to $1.51 after the company cut Q2 guidance and reported diminished cash balances.
Shares of J.Jill, Inc. (NYSE:JILL) were down 11 percent to $6.83. J.Jill posted upbeat Q2 results, but issued weak Q3 forecast.
SITO Mobile, Ltd. (NASDAQ:SITO) was down, falling around 23 percent to $1.55 after reporting quarterly financial results, missing estimates on sales and earnings per share.
Commodities
In commodity news, oil traded up 1.51 percent to $67.43 while gold traded up 0.24 percent to $1,197.50.
Silver traded up 0.48 percent Tuesday to $14.74, while copper rose 0.80 to $2.7075.
Eurozone
European shares were mostly higher today. The eurozone’s STOXX 600 jumped 0.41 percent, the Spanish Ibex Index rose 1.04 percent, while Italy’s FTSE MIB Index rose 1.28 percent. Meanwhile the German DAX climbed 0.63 percent, and the French CAC 40 surged 0.73 percent while U.K. shares fell 0.03 percent.
Economics
The Treasury will auction 4-week bills at 11:30 a.m. ET.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.