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Dow Surges Over 100 Points; ConocoPhillips Earnings Miss Views

Benzinga ·  May 3 00:37

U.S. stocks traded higher midway through trading, with the Dow Jones index surging over 100 points on Thursday.

The Dow traded up 0.32% to 38,024.10 while the NASDAQ rose 0.74% to 15,720.29. The S&P 500 also rose, gaining, 0.31% to 5,033.86. .

Leading and Lagging Sectors

Information technology shares rose by 1% on Thursday.

In trading on Thursday, materials shares fell by 1%.

Top Headline

ConocoPhillips(NYSE:COP) reported downbeat earnings for its first quarter.

ConocoPhillips posted adjusted earnings of $2.03 per share, missing market estimates of $2.04 per share. The company's quarterly sales came in at $14.476 billion versus expectations of $15.047 billion.

Equities Trading UP

  • Aspen Aerogels, Inc.. (NYSE:ASPN...
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