U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining more than 300 points on Tuesday.
The Dow traded up 0.64% to 47,673.48 while the NASDAQ fell 0.79% to 23,340.59. The S&P 500 also fell, dropping, 0.23% to 6,817.03.
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Leading and Lagging SectorsEnergy shares jumped by 1.2% on Tuesday.
In trading on Tuesday, information technology stocks fell by 0.9%.
Top Headline
RealReal Inc (NASDAQ:REAL) shares rose sharply on Tuesday after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.
Also, the company raised its FY25 sales guidance above estimates.
Equities Trading UP
- enGene Holdings Inc (NASDAQ:ENGN) shares shot up 72% to $10.34 after the company reported additional Phase 2 LEGEND study data showing a 63% complete response rate and favorable safety profile for Detalimogene Voraplasmid.
- Shares of Energy Vault Holdings Inc (NYSE:NRGV) got a boost, surging 30% to $4.62 following third-quarter results.
- Surmodics Inc (NASDAQ:SRDX) shares were also up, gaining 49% to $40.80 after a US court reportedly denied the Federal Trade Commission’s bid to block GTCR’s acquisition of the company.
Equities Trading DOWN
- Vor Biopharma Inc (NASDAQ:VOR) shares dropped 50% to $9.32 as the company announced the pricing of public offering of $100 million of common stock.
- Shares of Salarius Pharmaceuticals Inc (NASDAQ:SLRX) were down 50% to $1.00 after the company announced the pricing of $7 million underwritten public offering.
- Outset Medical Inc (NASDAQ:OM) was down, falling 50% to $6.07 after the company reported worse-than-expected third-quarter financial results and cut its FY25 sales guidance below estimates.
CommoditiesIn commodity news, oil traded up 1.5% to $61.00 while gold traded up 0.3% at $4,134.70.
Silver traded up 0.8% to $50.730 on Tuesday, while copper fell 0.4% to $5.0845.
Euro zone
European shares were higher today. The eurozone's STOXX 600 rose 1.05%, while Spain's IBEX 35 Index gained 1.05%. London's FTSE 100 rose 0.94%, Germany's DAX 40 gained 0.38% and France's CAC 40 climbed 1.23% during the session.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 falling 0.14%, Hong Kong's Hang Seng surging 0.18%, China's Shanghai Composite declining 0.39% and India's BSE Sensex rising 0.40%.
Economics
No major economic reports are scheduled for release today.
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