Gold Down 2.5%; Northrop Grumman Posts Upbeat Earnings

Benzinga · Jul 26 02:23

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining over 350 points on Thursday.

The Dow traded up 0.91% to 40,215.50 while the NASDAQ rose 0.59% to 17,444.67. The S&P 500 also rose, gaining, 0.57% to 5,458.21.

Leading and Lagging Sectors

Industrials shares jumped by 1.8% on Wednesday.

In trading on Wednesday, utilities shares fell by 0.8%.

Top Headline

Northrop Grumman Corp(NYSE:NOC) reported better-than-expected second-quarter earnings and raised its guidance.

Northrop Grumman reported second-quarter fiscal 2024 sales growth of 7% year-over-year to $10.218 billion, beating the consensus of $10.018 billion. Second-quarter EPS was $6.36 compared to $5.34 a year...

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Gold Down 2.5%; Northrop Grumman Posts Upbeat Earnings

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