WISA - Dow Gains Over 100 Points; Bank of America Posts Upbeat Profit | Benzinga
U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 100 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.35% to 37,865.71 while the NASDAQ fell 0.13% to 15,865.09. The S&P 500 also fell, dropping, 0.12% to 5,055.53.
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Leading and Lagging Sectors
Health care shares rose by 0.4% on Tuesday.
In trading on Tuesday, real estate shares fell by 1.7%.
Top Headline
Bank of America Corp (NYSE: BAC) reported better-than-expected earnings for its first quarter.
The company posted quarterly adjusted net income of $7.2 billion and adjusted EPS of 83 cents, beating the consensus of 77 cents. Revenue, net of interest expense, decreased 2% year over year to $25.8 billion. Adjusted revenue declined 1.6% year over year to $25.98 billion, beating the consensus of $25.46 billion.
Equities Trading UP
Palisade Bio, Inc. (NASDAQ: PALI) shares shot up 97% to $8.18 after the company announced the completion of analysis evaluating ex-vivo bioactivation of PALI-2108.
Shares of WiSA Technologies, Inc. (NASDAQ: WISA) got a boost, surging 66% to $2.9136 after the company announced a 5-year ...