U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 0.5% on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.08% to 41,986.44 while the NASDAQ rose 0.55% to 18,022.24. The S&P 500 also rose, gaining, 0.42% to 5,719.76.
Check This Out: Top 2 Energy Stocks You May Want To Dump In Q4
Leading and Lagging SectorsInformation technology shares jumped by 0.7% on Tuesday.
In trading on Tuesday, energy shares dipped by 2.1%.
Top Headline
PepsiCo Inc (NASDAQ:PEP) reported mixed third-quarter results and lowered its 2024 organic revenue guidance.
The company reported a third-quarter net revenue decline of 0.6% year-over-year to $23.319 billion and organic growth of 1.3%, missing the consensus estimate of $23.825 billion. Adjusted EPS of $2.31 beat the consensus estimate of $2.29.
Equities Trading UP
Alternus Clean Energy Inc (NASDAQ:ALCE) shares shot up 76% to $0.2639. Alternus shed $100 million of debt and payables, improved shareholder equity position by Circa ...