U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.09% to 37,418.31 while the NASDAQ rose 0.36% to 15,047.54. The S&P 500 also rose, gaining, 0.22% to 4,765.23.
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Energy shares jumped by 0.8% on Tuesday.
In trading on Tuesday, financial shares fell by 0.1%.
The Chicago Fed National Activity Index increased to +0.03 in November, versus a revised reading of -0.66 in the prior month.
ARB IOT Group Limited (NASDAQ:ARBB) shares shot up 138% to $2.24 after gaining around 18% on Friday.
Shares of Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ:IINN) got a boost, surging 93% to $2.31 after the company announced 95% accuracy results for HYLA blood sensor.
Volcon, Inc. (NASDAQ:VLCN) shares were also up, gaining 102% to $0.1998 after jumping around 24% on Friday.
Adit EdTech Acquisition Corp. (NASDAQ:ADEX) shares dropped 32% to $3.40. Adit EdTech Acquisition announced intention to voluntarily de-list from NYSE American.
Shares of Milestone Pharmaceuticals Inc. (NASDAQ:MIST) were down 32% to $1.9550 after the company announced that it received a Refusal to File letter from the FDA for the New Drug Application for self-administered etripamil nasal spray for the treatment of paroxysmal supraventricular tachycardia.
Oncternal Therapeutics, Inc. (NASDAQ:ONCT) was down, falling 23% to $0.4599. Oncternal Therapeutics updated the status of its Phase 1/2 study of ONCT-808, a ROR1-targeting autologous CAR T, in patients with relapsed or refractory aggressive B-cell lymphoma.
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In commodity news, oil traded up 0.1% to $73.59 while gold traded up 0.3% at $2,074.70.
Silver traded up 0.4% to $24.66 on Tuesday while copper rose 0.4% to $3.9195.
Asian markets closed mixed on Tuesday, with Japan’s Nikkei 225 gaining 0.16%, and China’s Shanghai Composite Index falling 0.68%. India’s S&P BSE Sensex, meanwhile, rose 0.32%.
India's current account deficit shrank to $8.3 billion in the July-September quarter from $30.9 billion in the year-ago quarter. Japan’s unemployment rate came in unchanged at 2.5% in November.
The Chicago Fed National Activity Index increased to +0.03 in November, versus a revised reading of -0.66 in the prior month.
The S&P CoreLogic Case-Shiller 20-city home price index rose by 4.9% year-over-year in October, recording the largest surge since Nov. 2022.
The FHFA house price index rose by 0.3% from the prior month in October.
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