Nasdaq Surges Over 100 Points; Pfizer Earnings Top Views

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Tuesday.

The Dow traded down 0.07% to 42,357.35 while the NASDAQ rose 0.74% to 18,704.19. The S&P 500 also rose, gaining, 0.34% to 5,843.35.

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Leading and Lagging Sectors

Communication services shares rose by 1.2% on Tuesday.

In trading on Tuesday, utilities shares fell by 1.6%.

Top Headline

Pfizer Inc. (NYSE:PFE) reported better-than-expected results for its third quarter.

The company posted third-quarter adjusted EPS of $1.06, a turnaround from loss of 17 cents a year ago, beating the consensus of 62 per share. The U.S. drugmaker reported sales of $17.70 billion, up 31% year-over-year (up 32% operationally), beating the consensus of $14.95 billion.

Equities Trading UP
                       

Equities Trading DOWN

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