Mid-Morning Market Update: Markets Open Higher; Walmart Earnings Miss Estimates
Mid-Morning Market Update: Markets Open Higher; Walmart Earnings Miss Estimates
U.S. stocks traded higher this morning, with the Dow Jones gaining more than 300 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.97% to 32,536.92 while the NASDAQ rose 1.70% to 11,860.81. The S&P also rose, gaining, 1.30% to 4,060.03. Also check this: Executives Buy Around $1.6M Of 4 Penny Stocks
Leading and Lagging Sectors
Financials shares jumped by 2.3% on Tuesday. Meanwhile, top gainers in the sector included Sunlight Financial Holdings Inc. (NYSE:SUNL), up 15% and Forge Global Holdings, Inc. (NYSE:FRGE) up 10%.
In trading on Tuesday, consumer staples shares fell 1.4%.
Top Headline
Walmart Inc (NYSE:WMT) reported mixed financial results and...
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