Midway through trading Tuesday, the Dow traded up 0.33% to 25803.51 while the NASDAQ rose 0.49% to 7,764.20. The S&P also rose, gaining 0.41% to 2,856.28.
Leading and Lagging Sectors
Information technology shares climbed 1% on Tuesday. Meanwhile, top gainers in the sector included Itron, Inc. ITRI, up 14%, and NeoPhotonics Corporation NPTN, up 20%.
In trading on Tuesday, energy shares fell 0.9%.
Top Headline
Becton Dickinson and Co BDX reported better-than-expected earnings for its third quarter, while sales missed estimates.
Becton Dickinson reported quarterly earnings of $3.08 per share, which beat the analyst consensus estimate of $3.05 per share. The company posted quarterly sales of $4.35 billion, versus analysts’ estimates of $ $4.37 billion.
Equities Trading UP
EverQuote, Inc. EVER shares shot up 45% to $19.17 after the company reported better-than-expected Q2 EPS and sales results. The company also issued Q3 and FY19 sales guidance above analyst estimates.
Shares of Adient plc ADNT got a boost, shooting up 24% to $24.00 after the company announced upbeat Q3 earnings.
Ducommun Incorporated DCO shares were also up, gaining 21% to $47.72 after the company reported better-than-expected Q2 EPS and sales results.
Equities Trading DOWN
GreenSky, Inc. GSKY shares tumbled 32% to $7.09 after the company reported worse-than-expected Q2 EPS and sales results and announced intent to explore strategic alternatives.
Shares of Care.com, Inc. CRCM were down 24% to $7.81 after the company reported downbeat Q2 sales and issued weak forecast.
Workhorse Group Inc. WKHS was down, falling 27% to $2.9101 after the company reported a huge second quarter paper loss on Tuesday, August 6, because of a run-up in its share price that followed a tweet by President Trump in May.
Commodities
In commodity news, oil traded down 0.3% to $54.51, while gold traded up 0.3% to $1,481.00.
Silver traded up 0.2% Tuesday to $16.42, while copper rose 0.4% to $2.555.
Euro zone
European shares were higher today. The eurozone’s STOXX 600 fell 0.47%, the Spanish Ibex Index fell 0.89%, while Italy’s FTSE MIB Index slipped 0.68%. Meanwhile, the German DAX dropped 0.78%, and the French CAC 40 fell 0.13% while UK shares fell 0.72%.
Economics
The Johnson Redbook Retail Sales Index rose 1.1% during the first week of August versus July.
The number of job openings in the US fell slightly to 7.348 million in June, versus a revised 7.384 million in the prior month, the Labor Department reported.
The Treasury is set to auction 3-year notes at 1:00 p.m. ET.
St. Louis Federal Reserve Bank President James Bullard is set to speak in Washington, DC at 1:05 p.m. ET.
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