S&P 500 Gains 1%; Vimeo Shares Spike Higher

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 350 points on Tuesday.

The Dow traded up 0.86% to 42,154.69 while the NASDAQ rose 1.25% to 18,407.20. The S&P 500 also rose, gaining, 1.01% to 5,770.63.

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Leading and Lagging SectorsConsumer discretionary shares surged by 1.7% on Tuesday.

In trading on Tuesday, energy shares rose by just 0.3%.

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The trade deficit in the U.S. increased to $84.4 billion in September, recording the highest level since April 2022, and above market estimates of a $84.1 billion gap, versus a revised $70.8 billion gap in August.

Equities Trading UP                       

Bionomics Limited (NASDAQ:BNOX) shares shot up 156% to $0.49 after the company announced it secured an AUS$1 million milestone payment ...