U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 0.2% on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.18% to 44,401.06 while the NASDAQ fell 0.10% to 20,953.95. The S&P 500 also rose, gaining, 0.09% to 6,311.31.
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Leading and Lagging SectorsHealth care shares jumped by 1.4% on Tuesday.
In trading on Tuesday, information technology stocks dipped by 0.6%.
Top Headline
General Motors Company (NYSE:GM) shares fell on Tuesday after reporting a sharp drop in adjusted EBIT margins to 6.4% and a whopping $1.1 billion tariff headwind.
The auto behemoth registered second-quarter adjusted earnings per share of $2.53, beating the analyst consensus estimate of $2.40. Quarterly sales of $47.12 billion outpaced the Street view of $45.57 billion.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded down 1% to $66.52 while gold traded up 0.3% at $3,417.10.
Silver traded up 0.3% to $39.455 on Tuesday, while copper rose 0.6% to $5.6690.
Euro zone
European shares were lower today. The eurozone's STOXX 600 slipped 0.5%, while Spain's IBEX 35 Index fell 0.3%. London's FTSE 100 slipped 0.2%, Germany's DAX 40 declined 1.1% and France's CAC 40 dipped 0.8% during the session.
Asia Pacific Markets
Asian markets closed mixed on Tuesday, with Japan's Nikkei 225 falling 0.11%, Hong Kong's Hang Seng gaining 0.54%, China's Shanghai Composite gaining 0.62% and India's BSE Sensex declining 0.02%.
Economics
Redbook Index in the U.S. rose by 5.1% year-over-year in the week ending July 19.
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