US Stocks Mixed; Apple Shares Slide After Q4 Results

U.S. stocks traded mixed this morning, with the Dow Jones falling more than 100 points on Tuesday.

Following the market opening Tuesday, the Dow traded down 0.22% to 51,867.75 while the NASDAQ climbed 1.08% to 25,434.90. The S&P 500 also rose, gaining, 0.60% to 7,585.76.

Leading and Lagging Sectors

Information technology shares jumped by 1.6% on Tuesday.

In trading on Tuesday, consumer staples stocks fell by 1.4%.

Top Headline

Shares of Apple Inc. (NASDAQ:AAPL) fell around 2% on Tuesday after the company reported upbeat earnings and revenue for the fourth quarter of fiscal 2026, but sees a decline in gross margin for the holiday quarter.

Apple posted fiscal fourth-quarter revenue of $114.48 billion, beating analyst estimates of $113.39 billion. The Cupertino-based company reported earnings of $2.10 per share for the quarter, beating estimates of $1.98 per share, according to Benzinga Pro.

Equities Trading UP
           

• Parabolic Technologies, Inc. (NASDAQ:PARA) shares shot up 186% to $4.7895 after dipping over 46% on Monday.
• Shares of Rising Dragon Acquisition Corp. (NASDAQ:RDAC) got a boost, surging 117% to $11.05 after the company announced it terminated its merger with HZJL Cayman.
• Mercer International Inc. (NASDAQ:MERC) shares were also up, gaining 93% to $0.2451 after the company announced it reached a recapitalization deal.

Equities Trading DOWN

• Cenntro Inc. (NASDAQ:CENN) shares dipped 82% to $0.3564. Cenntro announced deliveries of LS450 electric trucks in the US under government incentive programs that support commercial fleet electrification.
• Shares of Abits Group Inc (NASDAQ:ABTS) were down 60% to $0.4242. The company announced a strategy to pursue opportunities in AI infrastructure and high-performance computing hosting.
• VCI Global Limited (NASDAQ:VCIG) was down, falling 44% to $4.61 after jumping 168% on Monday.

Commodities 

In commodity news, oil traded down 2% to $94.51 while gold traded down 0.1% at $3,966.00.

Silver traded down 1.3% to $50.235 on Tuesday, while copper fell 1.9% to $6.4415.

Euro zone

European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.2%, while Spain’s IBEX 35 Index rose 0.2%, London’s FTSE 100 fell 0.4%, Germany’s DAX gained 0.1%, while France’s CAC 40 rose 0.5%.

Asia Pacific Markets

Asian markets closed mixed on Tuesday, with Hong Kong’s Hang Seng index gaining 0.57%, China’s SSE Composite Index falling 0.82% and India’s BSE Sensex gaining 1.62%.

Economics

• The RealClearMarkets/TIPP Economic Optimism Index climbed to 48.5 in November from 46.8 in the prior month.
• The US Logistics Managers’ Index rose to 70.7 in October from 70.2 in the previous month.

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