Loading...
Loading...
Toward the end of trading Tuesday, the Dow traded up 1.38 percent to 16,391.81 while the NASDAQ surged 1.83 percent to 4,355.50. The S&P also rose, gaining 1.46 percent to 1,872.64.
Leading and Lagging Sectors
In trading on Tuesday, industrials shares were relative leaders, up on the day by about 1.78 percent. Top gainers in the sector included Plug Power
PLUG and Maxwell Technologies
MXWL.
Energy sector gained 0.85 percent in the US market today. Among the energy stocks,McDermott International
MDR was down more than 9.3 percent, while Compressco Partners LP
GSJK tumbled around 5.3 percent.
Top Headlinev
AutoZone
AZO reported a gain in its fiscal second-quarter profit.
AutoZone's quarterly profit surged to $192.8 million, or $5.63 per share, versus a year-ago profit of $176.2 million, or $4.78 per share.
Its net sales rose to $1.99 billion versus $1.86 billion. However, analysts were expecting earnings of $5.57 per share on sales of $1.98 billion. AutoZone's US same-store sales jumped 4.3% in the quarter.
Equities Trading UP
Vipshop Holdings
VIPS shot up 30.73 percent to $167.02 after the company reported better-than-expected fourth-quarter results and issued a strong revenue forecast for the first quarter.
Shares of Trina Solar
got a boost, shooting up 10.10 percent to $16.23 after the company
posted a profit in the fourth quarter.
Plug Power
Loading...
Loading...
was up as well, gaining 11.51 percent to $6.49 after the company's new contract with Wal-Mart sparked a rally.
Equities Trading DOWN
Shares of McDermott International
MDR were down 8.25 percent to $7.44 after the company reported a Q4 loss of $1.37 per share on revenue of $517.3 million. It also withdrew its previous outlook. Capital One Financial downgraded the stock from Equalweight to Underweight and cut the price target from $8.00 to $6.00.
Ascena Retail Group
ASNA shares tumbled 4.29 percent to $18.06 after the company reported Q2 results. Ascena Retail expected FY14 earnings of $1.00 to 1.05 per share.
Dendreon
DNDN was down as well, falling 7.25 percent to $3.07 as traders looked to take profits from Monday's rally.
Commodities
In commodity news,
oil traded down 1.65 percent to $103.19, while gold traded down 1.02 percent to $1,336.80.
Silver traded down 1.03 percent Tuesday to $21.20, while copper rose 0.78 percent to $3.21.
Euro zone
European shares
were higher today. The Spanish Ibex Index rose 2.51 percent, while Italy's FTSE MIB Index surged 3.62 percent. Meanwhile, the German DAX jumped 2.46 percent and the French CAC 40 rose 2.45 percent while U.K. shares climbed 1.72 percent.
Economics
The ICSC-Goldman same-store sales index climbed 0.3% in the week ended Saturdayversus the earlier week.
The Treasury is set to auction 4-and 52-week bills.
Loading...
Loading...
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Posted In: EarningsNewsGuidanceEurozoneFuturesForexGlobalEcon #sEconomicsIntraday UpdateMarketsMoversTech
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in