TPST - Crude Oil Rises Over 1%; Tapestry Posts Upbeat Earnings | Benzinga
U.S. stocks traded slightly higher midway through trading, with the Nasdaq Composite gaining around 50 points on Thursday.
The Dow traded up 0.01% to 34,114.64 while the NASDAQ rose 0.35% to 13,697.53. The S&P 500 also rose, gaining, 0.16% to 4,389.61.
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Leading and Lagging Sectors
Industrials shares rose by 0.5% on Thursday.
In trading on Thursday, health care shares fell by 1.6%.
Top Headline
Tapestry Inc (NYSE: TPR) reported upbeat earnings for its first quarter on Thursday.
Tapestry reported first-quarter FY24 sales growth of 0.4% year-on-year to $1.51 billion, versus the analyst consensus estimate of $1.53 billion. Adjusted EPS of $0.93 beat the analyst consensus of $0.90.
Equities Trading UP
Astra Space, Inc. (NASDAQ: ASTR) shares shot up 83% to $1.3572 after the company announced it received a non-binding proposal from founders Chris Kemp and Adam London offering to acquire all of the outstanding common stock of the company not currently owned by Kemp ...