U.S. stocks traded higher this morning, with the Dow Jones gaining around 300 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 1.03% to 29,563.11 while the NASDAQ rose 1.67% to 10,983.20. The S&P 500 also rose, gaining, 1.19% to 3,698.48.
Also check this: Market Volatility Increases Amid Another Drop On Wall Street
Leading and Lagging Sectors
Energy shares rose by 2.8% on Tuesday.
In trading on Tuesday, utilities shares rose by just 0.1%.
Top Headline
US durable goods orders fell 0.2% month-over-month in August.
Equities Trading UP
Equities Trading DOWN
Also check out: Investor Fear Increases Further As Dow Enters Bear Market
Commodities
In commodity news, oil traded up 2.6% to $78.72, while gold traded up 0.7% at $1,644.70.
Silver traded up 1.4% to $18.73 on Tuesday while copper rose 0.9% to $3.3235.
Euro zone
European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.7%, London’s FTSE 100 rose 0.4% while Spain’s IBEX 35 Index fell 0.1%. The German DAX gained 0.5%, French CAC 40 rose 0.7% and Italy’s FTSE MIB Index gained 0.2%.
Loans to households in the Eurozone climbed 4.5% year-over-year in August, while number of people registered at out of work in mainland France dropped by 1 thousand from the prior month to 2.966 million during August.
Economics
COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 97,959,570 cases with around 1,082,030 deaths. India confirmed a total of at least 44,575,470 cases and 528,560 deaths, while France reported over 35,164,530 COVID-19 cases with 154,960 deaths. In total, there were at least 620,803,240 cases of COVID-19 worldwide with more than 6,541,900 deaths.
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