U.S. stocks traded mostly lower this morning, with the Nasdaq Composite dropping around 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded down 0.01% to 33,872.34 while the NASDAQ fell 0.45% to 11,983.04. The S&P 500, also fell, dropping, 0.36% to 4,122.01.
Check This Out: Bitcoin, Ethereum Record Losses; PancakeSwap Becomes Top Loser
Leading and Lagging Sectors
- Consumer staples shares rose by 0.2% on Tuesday. Meanwhile, top gainers in the sector included Steakholder Foods Ltd. STKH, up 3%, and Moolec Science SA MLEC, up 2%.
- In trading on Tuesday, energy shares dipped by 1.5%.
-
Top Headline
- The S&P CoreLogic Case-Shiller 20-city home price index rose 0.4% year-over-year in February, recording the smallest growth since 2012, and versus a 2.6% increase in January.
-
Equities Trading UP
- Petros Pharmaceuticals, Inc. PTPI shares shot up 34% to $5.13.
- Shares of CXApp Inc. CXAI got a boost, shooting 31% to $8.25.
- The Aaron's Company, Inc. AAN shares were also up, gaining 23% to $12.60 after the company reported Q1 results and updated full-year guidance.
-
Equities Trading DOWN
- First Republic Bank FRC shares dropped 29% to $11.41 after the company announced a decline in deposits for the first quarter and said it will reduce its workforce by 20-25%.
- Shares of Tenable Holdings, Inc. TENB were down 21% to $35.65. Tenable reported better-than-expected first-quarter results but issued revenue guidance below analyst estimates.
- MAIA Biotechnology, Inc. MAIA was down, falling 20% to $2.17 after the company reported pricing of an underwritten public offering of 2,222,200 shares at $2.25 per share.
- Also Check This Out: Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks Delivering High-Dividend Yields
-
Commodities
- In commodity news, oil traded down 1.4% to $77.66 while gold traded down 0.2% at $1,996.20.
Silver traded down 1.5% to $24.94 on Tuesday while copper fell 2.6% to $3.85.
Euro zone
European shares were mostly lower today. The eurozone’s STOXX 600 fell 0.3%, London’s FTSE 100 fell 0.1% while Spain’s IBEX 35 Index fell 1.2%. The German DAX rose 0.1%, French CAC 40 fell 0.6% and Italy’s FTSE MIB Index fell 0.9%.
Producer prices in Spain dropped 1% year-over-year in March versus a revised 8% increase in February.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan’s Nikkei 225 gaining 0.09%, Hong Kong’s Hang Seng Index falling 1.71% and China’s Shanghai Composite Index declining 0.32%. India’s S&P BSE Sensex rose 0.3%.
Hong Kong’s trade deficit widened to $40.6 billion in March from $37.3 billion in the year-ago month. Year-on-year, exports declined 1.5% to $367.2 billion.
Economics
- The S&P CoreLogic Case-Shiller 20-city home price index rose 0.4% year-over-year in February, recording the smallest growth since 2012, and versus a 2.6% increase in January.
- US house price index climbed by 0.5% from a month ago in February, the FHFA said.
- Now Read This: Procter & Gamble, Crocs And These 2 Stocks Insiders Are Selling
-
COVID-19 Update
- The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 106,580,790 cases with around 1,159,310 deaths. India confirmed a total of at least 44,905,820 cases and 531,360 deaths, while France reported over 39,951,430 COVID-19 cases with 166,280 deaths. In total, there were at least 686,587,930 cases of COVID-19 worldwide with more than 6,860,230 deaths.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.