Gold Gains 1%; Boeing Shares Rise Following Q4 Results - Boeing (NYSE:BA), Brighthouse Finl (NASDAQ:BHF)

U.S. stocks traded higher toward the end of trading, with the Dow Jones index rising over 150 points on Tuesday.

The Dow traded up 0.34% to 44,865.65 while the NASDAQ rose 1.74% to 19,678.66. The S&P 500 also rose, gaining, 0.83% to 6,062.21.

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Leading and Lagging Sectors

Information technology shares surged by 2.9% on Tuesday.

In trading on Tuesday, utilities shares fell by 1.9%.

Top Headline

Shares of Boeing Co (NYSE:BA) gained around 4% on Tuesday after the company reported fourth-quarter results.

The company reported a 31% year-over-year revenue decline to $15.242 billion in the fourth quarter of 2024, missing the consensus of $16.174 billion.

Adjusted loss per share grew to $5.90 from $0.47 in the same quarter of 2023, missing the consensus of a $2.44 loss.

Equities Trading UP

Brighthouse Financial, Inc. (NASDAQ:BHF) shares shot up 17% to $59.68 following a report the company is trying to sell itself.
Shares of Silexion Therapeutics Corp (NASDAQ:SLXN)got a boost, surging 100% to $1.16 after the company reported new preclinical data for SIL-204 showing significant tumor reduction in pancreatic cancer models.
Crane Company (NYSE:CR) shares were also up, gaining 12% to $175.93 following fourth-quarter results.

Equities Trading DOWN

Sharps Technology, Inc (NASDAQ:STSS) shares dropped 71% to $0.4300 after the company announced a $20 million underwritten public offering.
Shares of Leap Therapeutics, Inc. (NASDAQ:LPTX) were down 70% to $0.6639 after the company reported initial clinical data from Part B of the DeFianCe study and Part C of the DisTinGuish study.
SAB Biotherapeutics, Inc. (NASDAQ:SABS) was down, falling 49% to $2.22 after the company disclosed topline Phase 1 clinical results for SAB-142, showing drug was generally well tolerated among healthy volunteers.

Commodities

In commodity news, oil traded up 0.3% to $73.37 while gold traded up 1.1% at $2,768.40.

Silver traded up 1.4% to $30.845 on Tuesday, while copper rose 0.6% to $4.2570.

Euro zone

European shares were mostly higher today. The eurozone's STOXX 600 rose 0.36%, Germany's DAX 40 gained 0.70% and France's CAC 40 fell 0.12%. Spain's IBEX 35 Index rose 1.31%, while London's FTSE 100 rose 0.35%.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 falling 1.39%, Hong Kong's Hang Seng Index gaining 0.14% and India's BSE Sensex gaining 0.71%.

Economics

U.S. durable goods orders declined 2.2% month-over-month to $276.1 billion in December, following a revised 2% decline in November.
The S&P CoreLogic Case-Shiller 20-city home price index rose 4.3% year-over-year in November, compared to 4.2% in the previous month.
The FHFA house price index rose 0.3% in November, topping market estimates of a 0.2% increase.
The Dallas Fed general business activity index for Texas's service sector fell to 7.4 in January compared to a revised reading of 10.8 in December.

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