Dow Gains Over 200 Points; GE Aerospace Posts Upbeat Earnings - GE Aerospace (NYSE:GE), Braze (NASDAQ:BRZ

U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 200 points on Tuesday.

Following the market opening Tuesday, the Dow traded up 0.43% to 52,187.83 while the NASDAQ dipped 0.86% to 26,203.04. The S&P 500 also fell, dropping, 0.24% to 7,672.13.

Leading and Lagging Sectors

Health care shares jumped by 2.2% on Tuesday.

In trading on Tuesday, information technology stocks fell by 1.5%.

Top Headline

GE Aerospace (NYSE:GE) reported upbeat earnings for the third quarter and raised its FY2026 earnings forecast.

The company posted quarterly earnings of $2.25 per share which beat the analyst consensus estimate of $2.00 per share. The company reported quarterly sales of $14.118 billion which beat the analyst consensus estimate of $12.849 billion.

Equities Trading UP

Peraso Inc (NASDAQ:PRSO) shares shot up 66% to $0.64 after the company received production order exceeding $2.0 million for 60 GHz fixed wireless access deployment.
Shares of Braze Inc (NASDAQ:BRZE) got a boost, surging 51% to $45.34 after the announcement that company will be acquired by Salesforce.
SCWorx Corp. (NASDAQ:WORX) shares were also up, gaining 49% to $4.0001. SCWorx shares jumped 94% on Monday after the company announced an agreement with a healthcare system to provide its healthcare supply chain data management services.

VWAV’s $20M Order Could Be Just The Start Of A Bigger Defense Story

Promoted by VisionWave(17b disclosure)

VisionWave Holdings, Inc. (NASDAQ: VWAV) is making progress as it develops AI-powered defense systems, backed by $20M in autonomous vehicle orders and a growing pipeline.

XORTX Therapeutics (XRTX) Moves Closer To FDA Filing For New Gout Treatment

Promoted by XORTX Therapeutics(17b disclosure)

XORTX Therapeutics is targeting a new drug application next year for XORLO. It estimates a potential $700 million-a-year opportunity.

Greenland Mines Ltd. (NASDAQ:GRML) Is Advancing a Major Gold, Palladium and Platinum Deposit

Promoted by Greenland Mines(17b disclosure)

The company says its Skaergaard Project is one of the world’s largest undeveloped gold, palladium and platinum deposits.

Equities Trading DOWN

China SXT Pharmaceuticals Inc (NASDAQ:SXTC) shares dipped 41% to $0.066 after jumping 71% on Monday.
Shares of Green Circle Decarbonize Technology Ltd (NYSE:GCDT) were down 41% to $0.16 after rising 3% on Monday. The company recently announced preliminary discussions to explore and promote green industry and infrastructure projects in Japan.
GMEX Robotics Corp (NASDAQ:GMEX) was down, falling 39% to $0.80.

Commodities

In commodity news, oil traded up 1.6% to $105.33 while gold traded down 0.6% at $4,135.90.

Silver traded up 0.1% to $57.350 on Tuesday, while copper rose 0.1% to $6.5820.

Euro zone

European shares were lower today. The eurozone’s STOXX 600 fell 0.7%, while Spain’s IBEX 35 Index fell 0.4%, London’s FTSE 100 fell 0.8%, Germany’s DAX tumbled 0.9%, while France’s CAC 40 declined 0.9%.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Japan’s Nikkei 225 falling 1.30%, Hong Kong’s Hang Seng index falling 1.32% and China’s SSE Composite Index gaining 0.12%.

Economics

U.S. housing starts dipped 5.2% month-over-month to an annual rate of 1.221 million in September.
Building Permits fell 0.2% month-over-month to 1.400 million units in September, above market estimates of 1.390 million.

Photo via Shutterstock

SXTCChina SXT Pharmaceuticals Inc