SPRC - Crude Oil Moves Lower; Bank of America Profit Beats Expectations | Benzinga
U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite falling around 50 points on Tuesday.
The Dow traded down 0.09% to 33,954.39 while the NASDAQ fell 0.37% to 13,517.59. The S&P 500 also fell, dropping, 0.10% to 4,369.41.
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Leading and Lagging Sectors
Materials shares climbed by 1% on Tuesday.
In trading on Tuesday, information technology shares fell by 0.4%.
Top Headline
Bank of America Corp (NYSE: BAC) reported better-than-expected earnings for its third quarter on Tuesday.
The bank said EPS for the quarter was $0.90, compared to $0.81 in the year-ago period, beating the consensus of $0.81. Revenue increased 3% year-over-year to $25.32 billion, beating the consensus of $25.14 billion.
Equities Trading UP
SciSparc Ltd. (NASDAQ: SPRC) shares shot up 122% to $6.28. Aegis Capital Corp. acted as exclusive placement agent on a $5.0 million private placement for SciSparc.
Shares of Assembly Biosciences, Inc. (NASDAQ: ASMB) got a boost, shooting 80% to $1.3101 after the company and Gilead announced they entered into a 12-year partnership to advance the research and development of novel ...