NOTV - Dow Gains Over 50 Points; US Producer Prices Increase More Than Projected | Benzinga
U.S. stocks traded slightly higher this morning, with the Dow Jones index gaining more than 50 points on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.16% to 39,492.99 while the NASDAQ rose 0.09% to 16,402.40. The S&P 500 also rose, gaining, 0.03% to 5,222.93.
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Leading and Lagging Sectors
Information technology shares rose by 0.5% on Tuesday.
In trading on Tuesday, industrials shares fell by 0.5%.
Top Headline
U.S. producer prices rose 0.5% month-over-month in April compared to a revised 0.1% decline in March and higher than market expectations of 0.3%.
Equities Trading UP
- Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) shares shot up 195% to $3.49 as the company reported pricing of $8.19 million follow-on public offering.
- Shares of AMC Entertainment Holdings, Inc. (NYSE:AMC) got a boost, surging 121% to $11.48 after surging 78% on Monday.
- GameStop Corp. (NYSE:GME) shares were also up, gaining ...