DATS - Crude Oil Edges Lower; Morgan Stanley Posts Upbeat Revenue | Benzinga
U.S. stocks traded mostly lower midway through trading, with the Dow Jones index falling more than 150 points on Tuesday.
The Dow traded down 0.46% to 37,421.80 while the NASDAQ fell 0.02% to 14,969.24. The S&P 500 also fell, dropping, 0.17% to 4,775.50.
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Leading and Lagging Sectors
Information technology shares jumped by 0.5% on Tuesday.
In trading on Tuesday, energy shares fell by 1.5%.
Top Headline
Morgan Stanley (NYSE: MS) reported better-than-expected earnings for its fourth quarter.
Morgan Stanley reported a fourth-quarter net profit of $1.5 billion, or 85 cents per diluted share, compared to $2.2 billion or $1.26 in the prior year. The company reported revenues of $12.9 billion, beating the consensus of $12.75 billion.
Equities Trading UP
DatChat, Inc. (NASDAQ: DATS) shares shot up 53% to $3.2292. DatChat announced planned spin-off of its Habytat AI gaming platform business into a new standalone public company.